- What Nesto Group is launching commercial mortgage origination activities in Québec
- Why The group hired a team of 10 experts
- What next The firm is opening an office in Québec City and expanding in Montreal
The Nesto Group is launching commercial mortgage origination activities in Québec through its subsidiary CMLS, the company announced early Wednesday.
The company hired a team of 10 pros, led by a pair of recently departed CBRE senior vice presidents, Charles-André Roy and Charles-Benoît Parent. The pair will carry the title vice president and managing director of Québec.
Nesto said it is opening an office in Québec City and strengthening its presence in Montreal.
“Québec needs capital that is rooted in the local reality,” Roy said in a statement. “Today, we’re at the helm of a ship powered by a dynamic financial ecosystem based in Québec. We’re already working on new, innovative solutions designed for Québec borrowers.”
Malik Yacoubi, co-founder and chief executive of the Nesto Group, said, “This addition goes beyond simply expanding our leadership — it underscores our strategic alignment and our commitment to delivering tailored solutions to Québec borrowers.
“Partnering with Charles-André and Charles-Benoît, who each have over 10 years of experience in investment banking and capital markets, and an outstanding reputation, was an obvious choice. We are strengthening our leadership right here at home in Québec.”
The Nesto Group acquired CMLS in June of 2024.
The Nesto Group has over $70bn in residential and commercial mortgages under administration. The group operates through its three core subsidiaries, Nesto, CMLS and Intellifi.
