Kevin McCarthy named to 2025 CRE Aspiring Leaders List by GlobeSt.

Kevin McCarthy, managing director at Northmarq’s Chicago office, has been recognized by GlobeSt. as one of its 2025 CRE Aspiring Leaders. This annual list honors rising stars under 40 who are shaping the future of commercial real estate through innovation, leadership, and deal-making excellence.

“Being named one of GlobeSt.’s Aspiring Leaders is an honor," said McCarthy. "This recognition reflects the trust of our clients as well as the teamwork and success within Northmarq. I look forward to continuing to learn, grow, and contribute to the future of commercial real estate.”

Below is a snippet of the award announcement:

Kevin McCarthy, managing director at Northmarq, has quickly risen through the ranks, demonstrating exceptional leadership and expertise in the commercial real estate finance sector. Joining Northmarq in 2014 as a financial analyst, McCarthy’s dedication and skill led to rapid promotions, culminating in his appointment as managing director of the Chicago office in 2023, making him one of the youngest to ever hold the position at Northmarq.

McCarthy oversees the Chicago office’s mortgage bankers and support staff, focusing on team production, recruitment, and mentorship. He fosters a collaborative, growth-oriented environment. Colleagues praise him as a problem-solver and a “go-to guy” within the office, known for his meticulous attention to detail.

Beyond his leadership responsibilities, McCarthy provides clients with creative financing solutions, leveraging Northmarq’s relationships with Fannie Mae, Freddie Mac, FHA, and other lenders. His clientele ranges from small market owners to large multifamily developers. He has been a production leader in the multifamily space, and has capitalized more than 175 deals, representing more than $2.5 billion in volume nationwide. His experience spans various property types, with a noted focus on both class A institutional properties and subsidized affordable housing.

The full list of honorees can be found on GlobeSt.'s website: CRE's Aspiring Leaders of 2025.