Lonnie McDermott
First Vice President of Investments, Marcus & Millichap
Encino, CA 91436
Specialize in Land/Multi-family Assets for the San Fernando Valley and City of Los Angeles
Phone (818) 212-2745
Mobile (818) 577-8904
Specialize in Land/Multi-family Assets for the San Fernando Valley and City of Los Angeles
Specialties
Investment Sales Broker
Property Types
Industrial, Land, Office, Retail, Specialty, Multi-Family
Markets
Indianapolis, Inland Empire (California), Los Angeles, San Diego, Fresno, Bakersfield, Louisville
Languages
English
Bio
Lonnie McDermott has consistently been a Top Producer since joining the Firm in 2009 with over $340 Million in sales as Senior Director of The National Land Group within Marcus & Millichap. During his tenure, Mr. McDermott has established himself as a tremendous asset to his clients as well as a great resource to his fellow team members. Mr. McDermott has more than 20 years’ experience in the real estate industry and has closed over 110 investment real estate transactions valued over $340 Million during his career. He has achieved numerous awards and distinctions, including Top Marcus & Millichap Investment Professional – Land 2019, 2016 and 2015 National Achievement Awards 2019, 2017, 2016, & 2015, Sales Recognition Award 2019, 2017, 2016, 2015, Pace Setter Award & Rookie of the Year.
Utilizing his unique experience and knowledge resulting from many years working in development, coupled with his continued success in brokerage, he has quickly become regarded as a highly sought-after Land and Multi-Family specialist. Lonnie’s experience and knowledge range from Acquisition, Disposition, Planning, Budgeting, Entitlements, Permitting, Project Management and Zoning.
Mr. McDermott offers an in-depth knowledge of land development projects, ranging from Forward Planning, Entitlements, ground up construction and Commercial Real Estate Sales of income producing and development opportunities that include, Commercial, Mixed Use, Retail, Hospitality, Multi-Family, Single Family Homes, Condominiums, Small Lot Subdivisions and Eldercare Facilities. He has played an instrumental role in site identification, planning, construction, acquisition and disposition of thousands of development units throughout California. Lonnie is an asset to clients from the inception stages of a project to completion.
Lonnie McDermott graduated with a Bachelor of Arts from Hamline University, St. Paul, MN. He currently lives in Valencia with his wife Erin and two young sons Connor & Austin.
Education