News Release: Gantry Acquires Norris, Beggs & Simpson’s Mortgage Banking Production and Servicing Platform in Portland, OR and Seattle, WA

Mike Wood

Gantry, the nation’s largest independently-owned commercial mortgage banking company and formerly Newmark Realty Capital, Inc., completed the acquisition of Norris, Beggs & Simpson’s commercial real estate mortgage banking group, which includes production and servicing offices in Portland, OR and Seattle, WA.

• Gantry Welcomes Norris, Beggs & Simpson’s (NBS) Commercial Real Estate Mortgage Banking Team;

• Re-Flags NBS’ Portland Mortgage Banking Office and Expands Gantry’s Seattle Office;

• Combined Servicing Portfolio to Exceed $16 Billion with $4 Billion in Annual New Loan Production;

• Expands Unrivaled National Roster of Commercial Property Mortgage Lenders.

Gantry, the nation’s largest independently-owned commercial mortgage banking company completed the acquisition of Norris, Beggs & Simpson’s commercial real estate mortgage banking group, which includes production and servicing offices in Portland, OR and Seattle, WA. The acquisition allows Gantry to enter the Portland market, and expands its existing operations in Seattle. Gantry also has offices in San Francisco, Los Angeles, Orange County, Phoenix, Las Vegas, Spokane and Buffalo, NY.

Joining Gantry as new partners from Norris, Beggs & Simpson are Blake Hering and Paddy Ryan in Portland, and Michael Wood in Seattle. The additions would boost combined 2019 new loan volume to more than $4 billion.

Gantry found an opportunity to expand and enhance our west coast platform by adding seasoned, like-minded talent that shares our commitment to superior customer service,” said Jeff Wilcox, Principal with Gantry. “Our history and great relationship with the Norris, Beggs & Simpson team through the years make this strategic move a natural for all involved.

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