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.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.