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Announced

Gantry to acquire the mortgage banking production and servicing platform of Norris, Beggs & Simpson.

Synopsis

Gantry, an independently owned commercial mortgage banking company, agreed to acquire the mortgage banking production and servicing platform of Norris, Beggs & Simpson, which provides commercial real estate capital to borrowers and investors seeking financing for property acquisitions and refinancing needs. Financial terms were not disclosed. "Norris, Beggs & Simpson has been one of the pioneers in our industry, and we have long admired their professionalism. We have always had a special affinity with their people, and indeed, a number of us at Gantry actually began our own mortgage banking careers with Norris, Beggs & Simpson in their prior San Francisco office. Now we’ve come full circle and we are thrilled about this opportunity," Mitchell Zeemont, Gantry Founding Partner.

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