About Us
More Than The Deal
Boutique Capital Advisory for CRE Investors + Developers
Elowen Capital is a boutique commercial mortgage banking firm that structures and sources debt and equity for multifamily and commercial real estate investors and developers. Capital-source agnostic by design and integrated with the Strategic Alliance Mortgage (SAM) Network, our team has closed 100+ transactions and $500M+ in financing across 30+ cities and 6 states.
Our CRE Capital Markets Team
Our focus is to offer a high-touch, institutional level approach to each and every deal — the members of our team are involved from the initial discussion, through underwriting, marketing, negotiating and closing
As Founder and President of Elowen Capital, Josh advises investors and developers on the proper capital structure and lending sources for their commercial real estate projects. He works alongside clients to structure debt and equity solutions that align with their long-term objectives, while overseeing a team responsible for underwriting, marketing, and originating loans across every asset type, project stage, and financing need.
Since 2021, Josh has originated more than $450 million of debt and equity capital across multifamily, industrial, retail, office, and specialty asset classes. His experience spans agency, insurance company, commercial bank, credit union, debt fund, and CMBS capital sources
Prior to founding Elowen Capital, Josh held roles at Colliers Mortgage, Truist Bank (formerly BB&T) and its subsidiary Grandbridge Real Estate Capital. During his career, he has worked in credit analysis, underwriting, asset management, and relationship management, giving him a full-cycle understanding of how capital is structured, approved, and serviced.
He founded Elowen Capital to build a high-touch, relationship-driven mortgage banking firm focused on long-term partnerships and an advisory approach to capital placement.
As Vice President of Capital Markets at Elowen Capital, Asa is the lead underwriter for the firm. Prior to joining Elowen, Asa helped lead Hudson Capital Properties’ asset management team and was responsible for managing and reporting financials on seven Class A multifamily properties, spanning over 1,400 units. Four of these seven properties were constructed and fully leased during his time at Hudson.
Prior to Hudson, Asa completed his MBA at the University of North Carolina at Chapel Hill where he concentrated on Real Estate Development and was the recipient of the Faison Fellow Merit Scholarship. Prior to that, Asa worked in Wells Fargo’s debt capital markets and commercial real estate divisions where he was responsible for managing and reporting on $650M+ in balance sheet loans. Asa’s experience working for a developer and a lender offers a unique value proposition to Elowen’s client base.
Meghan Hill
Meghan serves as Client Support Specialist at Elowen, where she helps deliver a thoughtful, seamless experience throughout the closing process. With more than five years of experience in the commercial mortgage industry, she brings a background shaped by both high-volume lending operations and boutique, client-focused environments. Over the course of her career, Meghan has contributed to teams closing more than $70 million in loan volume per month and has been recognized for streamlining closing procedures, reducing turnaround times, and building strong relationships throughout the lending process.
Her approach is grounded in building and maintaining meaningful relationships, both internally and externally, with the understanding that trust, communication, and responsiveness are essential to successful execution. Meghan works closely with all parties involved to anticipate challenges, resolve issues efficiently, and keep transactions moving forward with clarity and confidence. She is committed to creating a smooth, transparent process that reflects Elowen’s emphasis on personalized service, collaboration, and long-term relationships. Meghan also holds an ABA Accredited Paralegal Certificate, further strengthening her detail-oriented and process-driven approach to client support.
Jake Glisson
Jake Glisson is the Loan Production Analyst at Elowen Capital, where he supports underwriting, deal evaluation, and sourcing efforts across a range of real estate credit opportunities. He works closely with the team to analyze financials and assist in executing transactions for borrowers and capital partners.
Prior to joining Elowen, Jake gained experience in both commercial mortgage lending and private equity. He interned with Symetra Investment Management on the Commercial Mortgage Loans team, where he analyzed over 300 commercial real estate loans across multiple property types and supported portfolio-level credit decisions. He also worked as a Private Equity Intern at Tigbourne Capital, contributing to sourcing and origination efforts and developing investment materials for upstream energy opportunities.
Jake is currently completing his B.S. in Business Administration with concentrations in Finance and Real Estate from the University of North Carolina Wilmington.
Our Capital Placement Process: Clarity + Momentum
Most engagements close in 45 to 75 days, faster when a deal demands it — and every phase is collaborative, with full transparency on lender lists, term sheets, and trade-offs.
Phase 1 — Introduction + Engagement
Days 1–5. We learn the deal, size the loan internally, and deliver a clear estimate of available financing before any commitment is signed or the project leaves our office.
Phase 2 — Underwriting + Term Sheets
Days 5–20. Collaborative underwriting and packaging with our clients, full transparency on the lenders that receive our package, and a side-by-side comparison of every quote we bring back — pros, cons, and negotiating levers included.
Phase 3 — Application + Closing
Days 20–75. We negotiate and execute the loan application, manage diligence and third-party reports, and stay alongside you through closing.
Our CRE Lender Relationships
Our active relationships span every major lender category, which means we match the deal to the right capital — not the other way around.
Insurance Companies
Non-Recourse Balance Sheet Lenders. Insurance companies are traditionally a source of low-leverage, long-term, non-recourse fixed-rate debt for stabilized assets, which remains a core offering. Many have recently expanded into higher-leverage and shorter-term loans, equity offerings, participating mortgages, and construction products. Programs vary by lender, with terms ranging from 5 to 30 years and amortizations from 20 to 30 years.
Agencies (Fannie Mae & Freddie Mac)
The market makers in multifamily. Competitive fixed and floating execution, non-recourse, with interest-only options on stabilized properties.
Private Debt Funds
Speed and flexibility for transitional value-add and lease-up deals. Floating rates above SOFR, interest-only structures, and the ability to move quickly when conventional sources won’t.
Conduit + CMBS
Standardized non-recourse permanent debt at higher proceeds — typically 70 to 75 percent LTV — with up to 10 years interest-only and 25 to 30 year amortization.
Banks
Relationship-driven balance-sheet lending across all asset types. Recourse and non-recourse options, terms of 3 to 7 years, construction, bridge, mini-perm capital, with balance sheet fixed rates, floating rates over SOFR, and SWAPs offered. Amortizations of 15 to 30 years.
Credit Unions
Competitive fixed rates and no prepay penalties — a strong alternative to traditional banks for sponsors that fit their underwriting box. Fixed rates, 5 to 10 year terms, 20 to 30 year amortizations.
National Reach Through the SAM Network
We’re boutique by design. Our reach isn’t.
Elowen Capital is a member firm of Strategic Alliance Mortgage (SAM), a coalition of 16 of the country’s top independently owned commercial real estate investment banking firms — founded in 1998. Membership extends our clients’ access to a national network of capital markets expertise.
- 16 privately owned member firms
- 38 office locations
- 50 markets represented
- 250+ loan originators
- 300+ lenders represented
Through SAM, we share market intelligence, lender relationships, and execution capabilities — pairing our advisory model with national-scale capital access.
Open Roles
We’re growing. If you’re passionate about commercial real estate finance and driven by analytical excellence and meaningful client partnerships, we’d like to hear from you.
Let’s Discuss Your Next Commercial Real Estate Deal
Whether you’re financing a stabilized acquisition, structuring a value-add bridge, or pulling together the equity stack on a development, we’d like to learn the deal. We size every engagement internally before quoting — and deliver a clear estimate of available financing before you commit to anything.