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Marketplace Lending’s Role in the Maturities Wave

LADERA RANCH, CA—Companies like Money360 will be a valuable source of bridge debt to overcome the challenges that the tidal wave of loan maturities in 2017 and 2018 will present to borrowers, the firm’s David Christensen tells GlobeSt.com.

David Christensen Christensen: “These loans are maturing at a time when the traditional capital sources are tightening their underwriting standards, the CMBS conduits are faced with risk-retention requirements and the life-insurance companies are trying to improve the overall quality of their on-book portfolios.”

LADERA RANCH, CA—Marketplace lenders like Money360 will be a valuable source of bridge debt to overcome the challenges that the tidal wave of loan maturities in 2017 and 2018 will present to borrowers, the firm’s commercial-mortgage executive David Christensen tells GlobeSt.com. The firm recently hired Christensen and commercial real estate finance expert Kenneth Wood to its origination team to direct recently created company divisions and support increasing demand in the Northeast and Northwest regions of the US. We spoke with both of them to get their take on changes within the marketplace-lending environment and what drew them in to Money360.

GlobeSt.com: What are your goals in your new roles with Money360?

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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