Todd Stofflet brings more than 25 years of multifamily sales, acquisition, and advisory expertise.
New York, New York – February, 27 2025 – Lument announced today that Todd Stofflet has joined the firm’s growing real estate investment sales team as a managing director. Based in Chicago, Stofflet will focus on multifamily transactions in Illinois, Indiana, Michigan, and Wisconsin. This strategic hire marks another step in Lument’s ongoing expansion, further strengthening the firm’s ability to deliver a comprehensive set of capital solutions and advisory services to clients across the country.
“Todd brings tremendous experience throughout Chicagoland and metros across the Midwest,” said John Sebree, senior managing director and head of real estate investment sales at Lument. “His deep market knowledge, strong client relationships, and proven expertise are emblematic of the type of talent we are looking to bring on board. This is a major milestone in our mission to build a best-in-class investment sales platform.”
Stofflet joins Lument from Walker & Dunlop, where he led the firm’s Midwest Investment Sales team. Prior to that, he was a managing director at Cushman & Wakefield, which he joined when KIG CRE was acquired in 2018. Stofflet’s clients include institutional investors, regional syndicators, and family offices. He brings more than 25 years of investment sales experience to Lument, along with a $3.2 billion sales track record—$2 billion of which was for transactions in Chicago. In 2024, Stofflet led one of the largest multifamily transactions in suburban Chicago with the $101 million sale of 121 Wheaton.
“This is an exciting opportunity to build something new—a true advisory approach rather than a traditional brokerage shop,” Stofflet said. “Integrated investment sales and capital solutions represent the future of our business, and I look forward to leveraging my experience to create a dynamic platform that delivers superior results for our clients.”
Lument’s commitment to providing a full-service approach to multifamily investment sales is supported by its top-tier debt platform. The firm is a leading Fannie Mae, Freddie Mac, and HUD/FHA Lender, ranking as the top FHA multifamily lender by loan count and volume in 2024. Lument also offers balance sheet bridge financing and recently launched a debt capital markets team focused on alternative lending.
About Lument
Lument, a subsidiary of ORIX Corporation USA, is a national leader in commercial real estate finance and delivers a comprehensive set of capital solutions customized for investors in multifamily, affordable housing, seniors housing, and healthcare real estate. Lument offers Fannie Mae, Freddie Mac, FHA, USDA, and balance sheet bridge financing, as well as a full range of capital markets lending products. In addition, Lument provides a suite of real estate advisory solutions including investment sales, investment banking, and investment management. The company has over 600 employees in over 30 offices across the United States.
Securities, investment banking, and advisory services are provided through Lument Securities, LLC, member FINRA/SIPC. Lument Investment Management, LLC, is registered as an investment adviser with the U.S. Securities and Exchange Commission. For more information, visit www.lument.com.
