NorthMarq’s growth featured in January/February issue of Real Estate Forum
The growth of NorthMarq – from new services to new employees – is featured in the January/February issue of Real Estate Forum, where a number of leaders gave insight into the increase in the number of associate producers, the addition of multifamily investment sales, and how the relationship-driven culture drives success.
According to Eduardo Padilla, CEO, “A fundamental part of our culture is to treat our employees well. In return, we expect ethical behavior and stellar customer service. It all starts with our employees feeling like they’re in the right place.”
With the acquisition of Trevor Koskovich’s investment sales team in Phoenix in April 2018, the company began its growth into investment sales – all while it made a strategic alignment into equity advisory services. Equity was always a part of the financing solution for many borrowers, but the focus and leadership of Pat Minea and Jeff Erxleben, both executive vice president/regional managing director, drove the business to triple that production.
All three of the leaders report to Jeff Weidell, who noted, “We had to incorporate investment sales into our platform, but it was equally important to find the right team, one that excelled at its role and would fit our culture. That’s not easy to do when going outside your core business."
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $80 billion and has completed $91.3 billion in transactions over the past fours years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide.