Ray Driver Ray Driver,principal of KDH, is to become a managing director of NorthMarq'sHouston office.

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HOUSTON—NorthMarq recently acquired Kinghorn, Driver, Hough& Co., a Houston-based commercial debt and equity firm. RayDriver, principal of KDH, will join Tony Gray and John Burke as amanaging director of NorthMarq's Houston office.

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The acquisition brings two well-known debt and equity groupstogether to create one of the largest and most experienced firms inthe Houston market. Founded in 1945, KDH is the oldest,independently owned commercial real estate capital company inTexas.

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KDH's principals previously held an ownership position in theQ10 network of privately held commercial real estate capital firms.NorthMarq's Houston office dates back to 1949 and it was acquiredby NorthMarq in 1998.

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KDH has eight additional mortgage banking professionals and fivefinancial analysts coming into the mix, bringing the totalemployees in the expanded NorthMarq office to nearly 30. Inaddition to the firm's mortgage banking professionals, KDH alsobrings nearly $2 billion in loan servicing portfolio, extendingNorthMarq's servicing portfolio to more than $60 billion.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.