Q10 Capital LLC and iCap Realty Advisors LLC are merging, and iCap offices will begin operating as members of Q10. This announcement was officially made at the MBA Commercial Real Estate Finance convention which took place in San Diego in early February.
‘In today's lending environment collaboration is the key to our success,’ states iCap's president and chief operating officer, Paul Gardaphe. "By taking the best practices of each organization, together we will become stronger and more effective in finding the best capital solutions for our clients."
With this merger, Q10 now has 18 member firms with offices in 27 markets across the U.S. Over the past three years, the two firms have collectively placed over $15 billion in new loans, and they currently service a loan portfolio in excess of $20 billion. Q10 Capital is headquartered in Nashville, Tenn., and overseen by a managing board of directors made up of representatives from each member firm.
SOURCES: Q10 Capital, iCap