NorthMarq Acquires Kinghorn, Driver, Hough & Co.
Kinghorn, Driver, Hough & Co. is a Houston-based commercial debt and equity firm, and the acquisition brings two well-known debt and equity groups together to create one of the largest firms in the Houston market.
HOUSTON—NorthMarq recently acquired Kinghorn, Driver, Hough & Co., a Houston-based commercial debt and equity firm. Ray Driver, principal of KDH, will join Tony Gray and John Burke as a managing director of NorthMarq’s Houston office.
The acquisition brings two well-known debt and equity groups together to create one of the largest and most experienced firms in the Houston market. Founded in 1945, KDH is the oldest, independently owned commercial real estate capital company in Texas.
KDH’s principals previously held an ownership position in the Q10 network of privately held commercial real estate capital firms. NorthMarq’s Houston office dates back to 1949 and it was acquired by NorthMarq in 1998.
KDH has eight additional mortgage banking professionals and five financial analysts coming into the mix, bringing the total employees in the expanded NorthMarq office to nearly 30. In addition to the firm’s mortgage banking professionals, KDH also brings nearly $2 billion in loan servicing portfolio, extending NorthMarq’s servicing portfolio to more than $60 billion.