In the News 3/ 5/ 2019

Jeffrey Erxleben featured in National Real Estate Investor: Banks are gearing up for another strong year in CRE

Jeffrey Erxleben, executive vice president/regional managing director, shared his insight in a National Real Estate Investor article titled, “Banks Are Gearing Up for Another Strong Year in CRE.” The story notes that despite a dip in mortgage originations in 2018, banks continue to be eager for CRE lending.

“There are some areas that are more selective than others, but we don’t see a widespread pullback,” said Erxleben. “The decline is likely due to a combination of factors, including a strong comparison year in 2017, more caution on construction lending and a highly competitive lending environment. However, banks continue to have a healthy appetite for commercial/multifamily loans and will remain an active player in the coming year.”

Read the full story