Riekstins promoted to managing director at NorthMarq Capital

Ed Riekstins, NorthMarq Capital

Boston, MA According to the Boston regional office of NorthMarq Capital, Ed Riekstins has been promoted to managing director. In his new role, Riekstins will manage the Boston office’s production for insurance companies, agency lenders Freddie Mac and Fannie Mae, CMBS lenders, equity investors and other financing sources represented by NorthMarq.

“With more than 20 years of finance and real estate experience, as well as serving in several positions of the Mortgage Bankers Association, we feel the Boston office is in good hands under Ed’s leadership,” said Jeffrey Weidell, NorthMarq Capital president.

Riekstins joined the Boston office in 2012 when NorthMarq acquired Q10 New England Realty Resources. At Q10 New England Realty Resources, he oversaw all commercial loan production and served as president and chief operating officer for the Boston/ New England office of Q10 Capital, LLC.

Early in his career, Riekstins was chosen for the inaugural class of the Mortgage Bankers Association (MBA) “Future Leaders” program. He is past vice-chairman of the MBA’s Statistics and Research Committee and has served on the Technology Committee. He also served as Treasurer for the New England CCIM chapter, as well as several other committees for CCIM. He is a candidate for the CCIM and CMB designation.

Riekstins is a member of the Real Estate Finance Association of the Greater Boston Real Estate Board and a member of NAIOP. He holds a BS in Business Administration from Boston University and an MBA from Bentley University.

About NorthMarq Capital

NorthMarq Capital, one of the largest privately held commercial real estate financial intermediaries in the U.S., provides debt, equity and commercial loan servicing through its 36 offices across the U.S. The company has built long-term relationships with life companies, CMBS platforms and local, regional and national banks and has a long track record of multi-family loan origination through Freddie Mac Program Plus, the Fannie Mae DUS program and through FHA, resulting in nearly $13 billion in annual production volume and a loan portfolio of more than $47 billion.