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Midland Loan Services, a PNC Real Estate business, is pleased to announce that NorthMarq has selected the Enterprise!® Loan Management System to support its $62 billion servicing portfolio.
For nearly 60 years, NorthMarq has provided debt, equity and loan servicing to commercial real estate owners and investors through offices across the United States. Their investment sales platform offers acquisition and disposition services for multifamily assets across the U.S. NorthMarq is part of the Pohlad family of businesses.
After the implementation phase, our loan servicing department is ready to leverage the new functionality available in the Enterprise! platform. I am energized by Midland's vision for the future, which includes constant refreshing of the interface and functionality, incorporating the latest technologies through exposing their APIs, adding true workflows, and exploring AI solutions to make their platform best-in-class.
— Bert Libke, Managing Director, Loan Servicing, NorthMarq
Enterprise! is an advanced, integrated platform that streamlines loan servicing, asset management, loan accounting, and investor reporting — all to deliver increased productivity, reduced operational costs and improved workflow.
Driven by the expertise of seasoned real estate servicing and technology professionals, this trusted solution has been used to service commercial mortgage assets since 2000, with approximately $1.3 trillion in assets under management.
1. As of June 30, 2020
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