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Press Release
02.03.2023

Aeon welcomes Northmarq CFO as new board member

2.3.2023

Aeon’s Board of Directors welcomed Northmarq Chief Financial Officer Shawn Power as its newest member on January 11. The organization is setting a new strategic plan that will guide their work over the next 10 years. The addition of Power will offer new perspectives and experience during this important time as Minnesota continues to address the affordable housing crisis. Aeon, a nonprofit developer, owner and manager of almost 6,000 affordable homes in the Twin Cities area, is responding by growing its impact.

“I’m inspired by Aeon’s vision for the future and look forward to contributing to their effort to ensure more families have safe, quality housing options in the Twin Cities area,” said Power.

Power manages the finance, accounting, treasury, insurance and licensing functions at Northmarq, an industry-leading capital markets resource for commercial real estate investors headquartered in Minneapolis. Prior to stepping into his current role this year, Power served as Senior Vice President/Managing Director of Finance and Accounting (2019-22), and Vice President of Treasury Management and Financial Reporting (2014-19).

Power spent eight years in public accounting with RSM before joining Northmarq. He earned his Bachelor of Accountancy degree from North Dakota State University and is a Certified Public Accountant.

About Aeon

Aeon believes that home is at the center of everything. With a home, people succeed, families thrive, and our region remains strong. At Aeon, we act boldly to create and preserve quality, affordable homes for those who need them most. We develop and manage affordable homes that serve nearly 17,000 people in the Twin Cities each year. For more information, visit aeon.org or follow us on Twitter, Facebook and LinkedIn.

About Northmarq
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. They combine industry-leading capabilities with a flexible structure, enabling their national team of experienced professionals to create innovative solutions for clients. Their solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes. For more information, visit www.Northmarq.com.