NorthMarq

FEATURED ARTICLE - JUNE 2012

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Texas Real Estate Icon: William Ross

William Ross
While William Ross is fairly new to NorthMarq Capital, he’s definitely not new to Texas real estate. He’s made his mark in the community in existing mortgage banking firms and as an entrepreneur, when he successfully started his own firm in 2001. He joined NorthMarq in 2009 and earlier this year, was promoted to President, with responsibility for the relationship with AmeriSphere, a Fannie Mae DUS lender partially owned by NorthMarq, and the eastern region of the U.S.

William joined NorthMarq in October 2009 and has been associated with the mortgage banking business in Dallas since 1976. He began his career at Southern Trust & Mortgage. In 1989, he was a founding principal of Keystone Mortgage, which in 2000 was sold to Capmark Finance (formerly GMAC Commercial Mortgage). At Capmark Finance, he was the executive vice president responsible for managing Capmark¹s Nationwide Mortgage Banking network.

“William has a unique combination of an entrepreneurial spirit with the management style needed to be successful in a large company,” said Ed Padilla, CEO of NorthMarq Capital. “He’s not a traditional boring bureaucrat because he is an independent thinker with an uncanny ability to build relationships in any situation.”

In his leadership role at NorthMarq Capital, William serves on the Executive Committee, which also includes Padilla, Jeff Weidell, president/regional director for the West region; Mike Myers, executive vice president/chief administrative officer; Larry Stephenson, executive vice president; Tim O’Connor, executive vice president; and two managing directors who rotate annually.

Sam Davis, senior managing director-Alternative and Private Investments, Allstate Investments, who has worked with William during the last seven years, says that his ability to build relationships makes him valuable to institutional investors. “He is one of a small handful of correspondents across the country who acts like an extension of our business. We have a lot of trust that William will bring us the right opportunities that meet our investment criteria, understanding that we are conservative and strategic,” he said.

Todd Harrop, Investment Leader-Real Estate Investments, Nationwide, has worked with William Ross for more than 22 years and echo’s Sam’s thoughts. “I can truly say he is one of the finest and most respected mortgage bankers in the industry. He has consistently demonstrated an ability to create "win-win" solutions for both lenders and borrowers. His track record for success has been remarkable, earning the trust and respect of his lender and borrower clients,” he said. “His actions have had such a positive impact on so many of us throughout the real estate industry.”

William is a graduate of the University of Texas at Austin and has a Master of Business Administration degree in finance and real estate from Southern Methodist University. He is a licensed real estate broker in Texas and serves on the Mortgage Bankers Association’s Commercial Real Estate/Multifamily Finance Board of Governors. In addition, he has served on numerous life company correspondent advisory councils including Aegon USA Realty Advisors, Allstate Investment Company and Nationwide Life Insurance Company as well as the Executive Council of the real estate finance and investment center at the University of Texas.

William has served, for the past eight years, on the Board of the Salvation Army for Dallas/Fort Worth. He is married with two daughters and one granddaughter.

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This information first appeared in the June 2012 issue of Real Estate Forum Magazine.