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502 West Riverside Avenue, Suite 103
Spokane, WA 99201
Demetri Koston is a Principal for Newmark in Spokane, WA, and leads the company’s mortgage banking business in the Inland Northwest. Most assignments are on behalf of local and regional real estate developers, investors, and asset managers interested in long-term fixed rate financing options secured by stabilized commercial real estate property of all types. Capital sources and programs are highly competitive and include correspondent life insurance companies and pension funds, Fannie Mae and Freddie Mac, CMBS loans, banks, credit unions, and various other specialty lenders. Demetri founded the Spokane office for Newmark in 2009, and Newmark has grown to be the largest independent mortgage banking firm in the area. Demetri’s specialty is bringing institutional lenders and programs to the Inland Northwest, and delivering exceptional service to his clients. (See “Transactions” for a sample of completed fundings.)
Prior to Newmark, Demetri’s real estate work experience includes Hines Interests and Metropolitan Ventures, both in Chicago. Demetri completed his undergraduate degree at UC Davis before obtaining an MBA in Finance from the Booth School of Business at the University of Chicago. Demetri is a licensed Real Estate Broker in Washington, Idaho, and California. Further, Demetri is a member of the ICSC and Mortgage Bankers Association, and is a founding member of the University of Chicago’s Alumni Real Estate Group. Demetri lives in Spokane with his wife and two children.