News Release 5/ 22/ 2018

Craig Bjornsund, Jeff Weidell selected for NorthMarq Capital’s top annual award

MINNEAPOLIS (May 29, 2018) – Craig Bjornsund, managing director of NorthMarq Capital’s New York City office, and Jeff Weidell, president – NorthMarq Capital, were selected as recipients of the company’s top annual award for 2016 and 2017, called the O’Brien/Klebanoff Eagle Award. The awards were announced at the company’s internal production conference, held April 30-May 1 in Tucson, Arizona.

“This award recognizes an employee who performs at an exceptional level, with direct impact on the company’s financial performance and enterprise value, and has upheld the company’s standards consistently over his or her career,” said Eduardo Padilla, CEO. The award, named for two long-time, well-respected employees, Mike O’Brien and Marty Klebanoff, has been given annually for more than 30 years.

The 2016 award was given to Bjornsund, who has been with the company since 2003 following NorthMarq’s acquisition of his long-time firm, Legg Mason Real Estate Services. In his nearly 40-year career, Craig has completed over $10 billion in debt and equity real estate financing and sales, arranging debt and equity for all property types, often with life companies and pension fund investors. He serves on the Correspondent Advisory Counsel for State Farm and PPM and is a past member of Lincoln’s CAC. He has consistently been among NorthMarq’s top producers and has won top producer awards from State Farm, Lincoln, Sun Life and Symetra.

“Craig exemplifies the culture of NorthMarq, operating with integrity and ethical conduct for his long-term clients. His deep relationships inside and outside the company make him an ideal selection,” said Padilla.

Weidell, the 2017 recipient, was promoted to president of NorthMarq Capital in 2012 after spending 12 years as managing director of the company’s San Francisco. He oversees all of the company’s transaction businesses, including the most recent acquisition, NorthMarq Multifamily, a multifamily and manufactured housing investment sales group. He serves on NorthMarq’s Executive Committee, chairs its Production Committee and is on the board of NorthMarq Capital Finance (the company’s DUS and HUD affiliate). As a producer, he was among the company’s top ten performers annually.

“Jeff is not only my friend, but he’s also been a strong leader in the last year as we expanded our company with the addition of investment sales. He has a strong track record with clients and lenders and we’re privileged that he brings that same level of commitment and innovation to company leadership,” said Padilla.

Jeff is an active member of the MBA, MBA’s COMBOG, and NMHC, and is a certified mortgage banker (CMB). He is a past president of the Bay Area Mortgage Association and currently serves on the Silicon Valley NAIOP Board. Jeff holds a BA in Economics from Columbia University and an MBA from the Stanford Graduate School of Business.

About NorthMarq Capital
NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S, provides debt, equity and commercial loan servicing through offices across the U.S. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. The company services a loan portfolio of more than $52 billion and has over 300 loan origination experts in regional offices coast-to-coast. For more information, please visit www.northmarq.com.

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