Northmarq has acquired Thirdline Capital Management, a registered investment adviser that manages the Thirdline Real Estate Income Fund (TREIX), a registered closed-end fund.
Northmarq Fund Management, founded in 2002, invests and manages debt and equity capital nationwide, and specializes in small-balance and mid-market commercial real estate investments. Adding Thirdline broadens Northmarq’s presence in income-oriented investments and provides a registered fund available to a variety of institutional and individual investors, and accessible for wealth managers and their clients through national custodial platforms.
“This acquisition builds on Northmarq’s established investment management business and represents an important step in our continued growth,” said Rance Gregory, president and CEO of Northmarq Fund Management. “By adding the Thirdline team and TREIX to our platform, we are broadening the ways we connect investors with commercial real estate oppor
