News Release 4/ 2/ 2015

NorthMarq Capital completes acquisition of AmeriSphere Multifamily Finance

MINNEAPOLIS (April 2, 2015) NorthMarq Capital has completed its acquisition of the remaining outstanding interest in AmeriSphere Multifamily Finance, a Fannie Mae DUS and FHA MAP lender from its founding partner Rodrigo Lopez and the investment firm McCarthy Capital (Fulcrum). NorthMarq Capital, which previously owned a 40-percent stake in AmeriSphere, will now operate it as a wholly-owned subsidiary, NorthMarq Capital Finance. Terms of the acquisition were not disclosed.

NorthMarq originates multifamily loans for Fannie Mae under their DUS program and for FHA, including all underwriting, closing and asset management functions through its 35 regional offices. “This acquisition strengthens our multifamily platform and leverages our existing production platform throughout the U.S.,” said Eduardo “Ed” Padilla, CEO-NorthMarq Capital and NorthMarq Capital Finance. “Robust Fannie Mae and HUD offerings are a great complement to our Freddie Mac platform and create the best options for our borrower clients.”

Jay Donaldson, has been appointed president of the NorthMarq Capital Finance group; Scott Suttle continues as executive vice president and national production director. Both will join NorthMarq Capital’s Executive Leadership Team and report to Padilla.

The existing former AmeriSphere offices in Omaha, Washington DC, Dallas, and Denver will continue to support the 35 regional offices in underwriting, closing, servicing, and asset management of DUS and FHA loans.

About NorthMarq Capital
NorthMarq Capital, the largest privately held commercial real estate mortgage banking firm in the U.S., provides debt, equity and commercial loan servicing through its 35 offices across the U.S. The company has built long-term relationships with life companies, CMBS platforms and local, regional and national banks and has a long track record of multi-family loan origination through Freddie Mac Program Plus™, the Fannie Mae DUS program and through FHA, resulting in more than $13 billion in annual production volume and a loan portfolio of more than $45 billion. For more information, please visit northmarqcap.wpengine.com.

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