NorthMarq Capital celebrates $50 billion servicing portfolio milestone

With its recent acquisition of Daisley Ruff Financial Corporation in Omaha and growth from new loans, NorthMarq Capital reached an impressive milestone—topping $50 billion in the company’s loan servicing portfolio. The company celebrated this achievement at its corporate headquarters on Thursday, September 21 with breakfast and commemorative t-shirt. To mark the occasion, executive leadership from past and present, including director of servicing Bert Libke’s predecessor, Karen Pribnow, joined in the festivities.

L to R: Eric Carter, IT director; Ed Padilla, CEO; Travis Krueger, CFO; Mike Myers, COO; Jeffrey Weidell, president; Bert Libke, director of servicing and Karen Pribnow, former director of servicing.
L to R: Eric Carter, IT director; Ed Padilla, CEO; Travis Krueger, CFO; Mike Myers, COO; Jeffrey Weidell, president; Bert Libke, director of servicing and Karen Pribnow, former director of servicing.

 "We are extremely proud of our servicing teams in Minneapolis, and Mt. Laurel/Northern New Jersey. Over the course of more than 30 years, NorthMarq’s servicing department has grown from a small operation, to a best-in-class service that not only benefits our borrowers but also provides strong relationships with lenders. The hard work, dedication, and commitment to borrowers and lenders make this milestone important to our team,” said Libke. NorthMarq Capital provides servicing for commercial real estate loans of all types, including life insurance, CMBS and agency lender portfolios. The company services a diverse portfolio of more than 5,700 commercial real estate loans for all property types, including office buildings, apartment buildings, retail properties, industrial and warehouse properties, hotels, motels, mobile home parks, land and mixed-use projects, healthcare facilities and more. By servicing fixed, adjustable and second mortgages in the majority of the U.S., NorthMarq has an unmatched depth of expertise when it comes to understanding the requirements of both lenders and borrowers, no matter how complex the transaction. 

Related Designations

  • Standard & Poor’s rated “Above Average” (Select Servicer)
  • Freddie Mac approved
  • Fannie Mae DUS approved
  • HUD/GNMA approved
  • Approved Master Servicer

 

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