Our History
NorthMarq boasts a unique history. During the course of half a century,
market conditions and other factors influenced decisions about the best way
to effectively serve clients.
The Hamm Era
We can trace our roots to 1916 when the Hamm family, founders and owners of
the Theodore Hamm Brewing Company, formed United Properties Incorporated as
part of a plan to reorganize the brewing company. United Properties would
acquire all property not used in the brewing business. During the next 30
years, United Properties acquired or established new companies and became
the parent company to a diverse mix of business interests.
One of those companies was General Mortgage Investments, acquired in
1962. United Properties established the commercial division of GMI to
provide mortgage banking services to the commercial real estate industry.
The Northland Company Era
When Edward H. Hamm acquired control of United Properties in 1967, the
company name changed to The Northland Company to better represent the
company's diverse businesses. The United Properties name was given to The
Northland Company's real estate division. Not long after, General Mortgage
Investments was renamed Northland Mortgage Company.
In 1984, changes in the residential mortgage industry prompted The
Northland Company to sell Northland Mortgage. In anticipation, the
commercial division was incorporated as Northland Financial and not included
in the sale.
The Pohlad Era
Northland Financial was sold to the Pohlad family in 1998 and became part of
the Marquette Financial Companies portfolio of operating companies.
Ultimately the company was renamed NorthMarq Capital.
Expanding the Business
During the 1970s the commercial operations expanded to St. Louis and Kansas
City; and in the early 1980s offices were opened in Denver and Phoenix. By
the late 1980s an expansion on the West Coast occurred with offices opening
in Los Angeles, San Diego and San Francisco. In 1998, we opened an office in
Chicago, strengthening our Midwest presence.
Through growth and acquisition, we have built a truly nationwide presence.
Beginning 1998, several companies and operations have joined the NorthMarq
organization:
- Stockton, Luedemann, French/Jackson & West
Houston and Dallas – 1998
- Trowbridge, Kieselhorst & Company
San Francisco – 2000
- Askew/Reese Investment Company
Dallas – 2001
- Legg Mason Real Estate Services (mortgage banking operations)
17 offices along East Coast – 2003
- James R. Poole & Company
New Jersey – 2004
- AmeriSphere Multifamily Finance, LLC (40% interest)
Omaha based Fannie Mae DUS lender – 2004
www.amerisphere.net
- First Monroe
Rochester, New York – 2006
- Baird & Warner Real Estate Finance
Chicago – 2007
- Crouse & Associates
Raleigh – 2008
In 2008, NorthMarq Capital became part of the newly formed Marquette Real
Estate Group and joined NorthMarq Real Estate Services in providing
comprehensive commercial real estate services to clients. In 2011, NorthMarq
Real Estate Services formed a joint venture with Cushman Wakefield, and
NorthMarq returned to its roots as a provider of commercial real estate
mortgage banking services.