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Deutsche Bank Commercial Real Estate

MBA finds Wells Fargo as top U.S. commercial/multifamily originator in 2009

Commercial and Multifamily Property

Wells Fargo Bank was the top commercial/multifamily originator in 2009, according to a set of listings released by the Mortgage Bankers Association (MBA). Other originators in the top 10 include PNC Real Estate; Deutsche Bank Commercial Real Estate; CBRE Capital Markets Inc.; HFF LP; Prudential Mortgage Capital Company; Meridian Capital Group; MetLife; Northmarq Capital LLC and Capmark Financial Group Inc.

Eight different companies topped the 11 lists reporting originations by investor groups:Read more

MBA reports: Multifamily lending 40 percent lower in 2008 than 2007

Multifamily Property Pic

In 2008, 2,877 different multifamily lenders provided a total of more than $88 billion in new financing for apartment buildings with five or more units, according to an annual report from the Mortgage Bankers Association (MBA). The 2008 dollar volume represents a 40 percent decline from 2007 levels. In terms of total dollar volume, the top five multifamily lenders in 2008 were PNC Real Estate, Wachovia, Wells Fargo Bank NA, Capmark Financial Group Inc., and Deutsche Bank Commercial Real Estate.Read more

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