Jeff Erxleben shares the silver lining of the 2023 capital market with Connect CRE

DALLAS (Jan. 29, 2024) — As capital markets enter 2024, commercial real estate experts shared their thoughts on what happened in 2023 and what they expect for 2024 in Connect CRE’s article, “Capital markets: The rearview mirror and the road ahead.”

As part of the article, President of Debt + Equity Jeff Erxleben shared a silver lining of last year’s volatile markets.

When lender interest rates fell in the fourth quarter of 2023 and provided less-costly refinance activities, Erxleben said “borrowers that were in a position to move quickly could lock in rates that were 50 to 75 basis points below where they had been most of the year.”

How might that carry into 2024? What else will happen in 2024?

Read the full article to get those answers and more.

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About Northmarq 
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.

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