Jeff Erxleben, senior vice president – managing director of NorthMarq Capital answers five questions about his organization.
What sets NorthMarq apart from other companies in investment banking?
NorthMarq is the nation’s largest privately held servicer and provider of commercial real estate debt and equity. As a direct lender, we provide creative financing solutions through Freddie Mac, Fannie Mae, FHA, as well as our correspondent life company relationships. We are known for our deep relationships with our lenders and borrowers, our commitment to the life of the loan and our certainty of execution.
What is something we might not know about NorthMarq?
Our ownership, the Pohlad Companies based in Minneapolis, is a diversified holding company that started with a 60-year focus in banking and finance. The organization now spans several sectors: sports and entertainment, which includes a movie production studio, a radio station and a Major League Baseball team, the Minnesota Twins; commercial real estate, which includes investment and development firm United Properties, commercial mortgage banking firm NorthMarq Capital, and two companies affiliated with Cushman & Wakefield serving Minnesota, Idaho, Nevada, Washington and Utah; and the automotive sector, owning with more than 20 automotive dealerships. The Pohald Companies also has a significant presence in private investing with strategic investments through PFCF (the Pohlad Family Capital Fund) and PFEF (the Pohlad Family Energy Fund). These investments generally range in value from $5 to $40 million.
More than 2,500 professionals are employed in more than 30 companies operating across the United States. Marquette Companies serves as the holding company for many of our operating businesses.
In addition to its business interests, the Pohlad family has a long history of community involvement and charitable giving through the Pohlad Family Foundation. Our businesses contribute at the local and community level as well.
What trends are emerging in Dallas for investment banking? Are those trends the same across the country?
Consolidation of investment banking firms is a well-established trend in Dallas. It is most efficient for a borrower to employ a firm with experts that source the entire capital markets on a direct basis. We see that same trend nationally as well.
How has working for NorthMarq benefited your career?
Throughout my career at NorthMarq I’ve been fortunate to be mentored by the leadership within our company. NorthMarq has been focused on growing our company and largely committed to growing organically. Equally as important, NorthMarq’s culture has always emphasized working collectively as a team where all of our knowledge combined is far more effective than any single individual.
NorthMarq employees have been engaged with TREC since 2002 through numerous leadership positions and many are graduates from the ALC program, including yourself. What about TREC not only engages you personally, but also NorthMarq as a company?
In addition to the connections within our industry, TREC provides a way for us all to have a meaningful impact on the lives of others within our city. The work TREC does makes a difference!
About NorthMarq Capital
For more than 50 years, NorthMarq Capital has provided debt and equity to commercial real estate owners and investors through 36 regional offices coast-to-coast. With an annual production volume of more than $12 billion and a loan servicing portfolio of $47 billion on behalf of more than 50 institutional investors, NorthMarq is one of the largest commercial real estate mortgage banking firms in the world, and the nation’s largest privately held servicer and provider of commercial real estate debt and equity.
About Jeff Erxleben
Jeff Erxleben joined NorthMarq in 2002 and is responsible for managing NorthMarq’s largest regional office in Dallas. Jeff is a member of NorthMarq’s DUS/FHS advisory committee as well as a member of Freddie Mac’s Seller Service Advisory Committee. He is a graduate of Southern Methodist University where he is an active participant in the Folsom Institute for Real Estate.
A Look Inside NorthMarq Capital
