MINNEAPOLIS (Dec. 8, 2014) — Minneapolis-based NorthMarq Capital, LLC., one of the nation’s largest commercial real estate mortgage banking firms, has acquired Quest Commercial Capital Corp in Cincinnati, Ohio. Quest Commercial Capital Corp. had been in business 17 years with many investor relationships and a strong servicing portfolio.
Joining NorthMarq from Quest is Susan Branscome, the firm’s founder, who will become NorthMarq’s fourth female managing director. The company was founded in 1998 as a mortgage banking firm providing long-term financing for industrial, office, multifamily and retail projects. Quest was a woman-owned business and Susan was one of only two women in the country to have started her own mortgage banking company.
“We have long admired the work of Quest Commercial Capital under Susan’s leadership,” said Jeff Weidell, president-NorthMarq Capital. “The company has become a strong force in their market and we look forward to supporting Susan as she continues to grow the business in Cincinnati.”
“This acquisition is a great addition to NorthMarq Capital as it offers coverage to a part of the country we didn’t serve from our other regional offices,” said Weidell.
Prior to founding Quest Commercial Capital, Ms. Branscome was vice president of Capstone Realty Investors in Cincinnati where she originated more than $150 million in commercial mortgage loans.
“I am excited to join such a great organization in NorthMarq Capital. The company has an unprecedented reputation for excellent loan production and loan servicing. We have tremendous opportunity working together to originate loans in this region of the country,” says Branscome.