CINCINNATI—Minneapolis-based NorthMarq Capital, LLC has just acquired Quest Commercial Capital Corp., a woman-owned business in Cincinnati. Quest had been in business 17 years and NorthMarq officials say during that time it built many investor relationships and a strong servicing portfolio.
Susan Branscome, Quest's founder, joins NorthMarq and becomes its fourth female managing director. She started the firm in 1998 as a mortgage banking firm providing long-term financing for industrial, office, multifamily and retail projects. Branscome 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,” says 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.” Furthermore, acquiring Quest serves another purpose “as it offers coverage to a part of the country we didn't serve from our other regional offices.”
Prior to founding Quest, 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,” says Branscome. “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.”
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
