In the NewsOur Perspective 6/ 9/ 2022

Jeffrey Erxleben featured in Heartland Real Estate Business: GSEs regain their sea legs amid ‘adjustment period’

MINNEAPOLIS, MINNESOTA (June 9, 2022) – Northmarq President of Debt/Equity, Jeffrey Erxleben, recently shared his insights in the cover story of Heartland Real Estate Business titled, “GSE’s regain their sea legs amid ‘adjustment period.'” The story highlights how loan originations for Fannie Mae and Freddie Mac have moderated while they navigate the rise of interest rates. And while Fannie Mae and Freddie Mac still remain the premier source of capital for multifamily borrowers, the competition from debt funds, life companies and CMBS lenders has increased.

“We’re in the middle of this capital markets-driven adjustment period that has impacted how everyone is looking at commercial real estate,” said Erxleben. “Rising interest rates are adjust values – by how much is still being worked through.”

Read the full story.