Shifting Stack: Lender Competition Heats Up Amid Fewer Deals
NorthMarq Capital's Jeff Erxleben was featured in the Capital Markets Issue of Commercial Property Executive. The article, titled "Shifting Stack: Lender Competition Heats Up Amid Fewer Deals," explained that while investment volume and lending activity are showing signs of a spring rebound, a "comeback" will be complicated to say the least.
Takeaways from the article included:
- Lending activity rebounded heading into the second quarter of 2017, with CMBS leading the way.
- Abundant capital and a shortage of deals have lenders rethinking their strategies to win deals.
- Borrowers looking for higher leverage are tapping into the mezzanine space to fill the gap.
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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.