Asset Management

Northmarq Acquires Thirdline

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Northmarq Acquires Thirdline

Northmarq (“Northmarq”) announced, on September 21, 2026, its acquisition of Thirdline Capital Management (“Thirdline”). Further terms of the transaction were not disclosed.

Northmarq, based in Minneapolis, is a commercial real estate firm offering various debt, equity, investment sales, loan servicing and fund management solutions. Northmarq manages a loan servicing portfolio of approximately $80 billion.

Thirdline, based in Richmond, Virginia, is a registered investment adviser managing Thirdline Real Estate Income Fund (“TREIX”), a registered closed-end fund.

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