BOSTON-Minneapolis-based NorthMarq Capital LLC, a national commercial real estate mortgage banking firm, has acquired New England Realty Resources in Boston, GlobeSt.com has learned exclusively. NERR, a 30-year-old mortgage firm specializing in the origination and servicing of commercial mortgage investments, will be integrated into NorthMarq’s existing Boston office.

Joining NorthMarq from NERR are four industry veterans, including the firm’s founder Jim Murphy, who will be the Boston office’s managing director. The acquisition is expected to significantly increase production in the Massachusetts and Northern New England-area, the company tells GlobeSt.com.

“It definitely raises our profile in the multifamily arena dramatically,” Murphy tells GlobeSt.com. “In the past, we had to go through an intermediary if we wanted to do an apartment financing, and now we the ability to deal with those financings directly.”

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