Closing the gap in commercial real estate financing transactions

Jeff Erxleben, executive vice president - managing director, recently sat down with Kelsi Borland from to discuss a growing trend in commercial real estate financing: the gap in the capital stack. An increasing number of financing transactions, particularly for construction loans, have seen a pullback in loan-to-value ratios. In order to make these deals work, an investor is needed to bridge the gap between the senior debt and the traditional equity component. According to Erxleben, the good news is that a variety of lenders are stepping in to fill this gap, and more creative financing options are getting deals done. Watch the video from the Mortgage Bankers Association’s 2017 CREF conference: video platformvideo managementvideo solutionsvideo player (Note: Flash must be enabled to view the video in Google Chrome)

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: