Encino Office
16830 Ventura Boulevard
Suite 100
Encino, CA 91436
Office: (818) 212-2700

Encino office page

Land // Apartments

Lonnie McDermott

First Vice President Investments

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.

License: CA: 01874375

Achievements

  • National Achievement Award: 2019, 2017, 2016, 2015
  • Sales Recognition Award: 2019, 2017, 2016, 2015
  • Top Investment Professional - Land: 2019, 2016
  • SIA Induction: 2016

Featured Closings

Closed

Apartments

The Enclave Apartments

Paramount, CA

Number of Units: 306

Closed

Land

431 North La Cienega Boulevard

West Hollywood, CA

Lot Size: acres

Closed

Apartments

The Verona

Studio City, CA

Number of Units: 35

Closed

Apartments

The Village at Tampa

Reseda, CA

Number of Units: 22

Closed

Office

21300-21320 Oxnard St

Woodland Hills, CA

Closed

Land

6801 Canoga Avenue

Canoga Park, CA

Lot Size: acres

Closed

Land

3638-3642 Motor Avenue

Los Angeles, CA

Lot Size: acres

Closed

Apartments

6930 Balboa Blvd

Lake Balboa, CA

Number of Units: 10

Closed

Land

Beverly Boulevard (Mixed Use Development)

Los Angeles, CA

Lot Size: acres

Closed

Net Lease

24-Hour Walgreens NNN

Prescott Valley, AZ

Closed

Office

28348 Roadside Dr

Agoura Hills, CA

Closed

Apartments

5543 Case Ave

North Hollywood, CA

Number of Units: 18

Closed

Land

Warner Center Development

Woodland Hills, CA

Lot Size: acres

Closed

Net Lease

Corporate Cheddar's

Avon, IN

Closed

Land

Mixed-Use Development

Sylmar, CA

Lot Size: acres

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