Justin Ashcraft

By Justin Ashcraft, President, Northern Ridge Capital. More than $600M in commercial real estate deal experience. California DRE #02093377. Last updated October 2026. When a commercial real estate loan matures and you can’t refinance it, the full balance is still due, and if you don’t repay it on the maturity date the loan is in […]

By Justin Ashcraft, President, Northern Ridge Capital. Last updated August 2026. A maturing CMBS loan is not a normal refinance, and the owners who find that out late are the ones who end up taking whatever is left on the table. Your loan was sold into a trust years ago. There is no loan officer

By Justin Ashcraft, President, Northern Ridge Capital. Last updated August 2026. Commercial auction due diligence happens before you bid, not after, and that single reversal is what catches most first-time auction buyers. On a negotiated deal you sign a contract and then spend 30 to 60 days inspecting the asset with an escape hatch. At

By Justin Ashcraft, President, Northern Ridge Capital. Last updated August 2026. The short version of commercial bridge loan vs hard money: both are short-term, asset-based financing, but a commercial bridge loan comes from more institutional capital, prices lower, and is built for transitional commercial real estate, while hard money comes from private lenders, prices higher,