Commercial real estate lending update: Change is everywhere
Ernest DesRochers featured in New England Real Estate Journal
President John F. Kennedy once said that “Change is the law of life. And those who look only to the past or present are certain to miss the future.”
When it comes to the current state of the commercial real estate market change is all around. Whether it is the economy and interest rates, technology advances, and lending strategies, the only constant is change.
The market sentiment for commercial real estate investing is still mostly optimistic but predicting the future is still an art and not a science and always subject to change.
For example, economists have been predicting for several years that we will be facing an economic slowdown in “the next 18-24 months.” Despite international trade turmoil most economists still predict that 2019 will be a healthy year, which is good for all real estate.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.