MBA survey: Bank of America and Wells Fargo were top U.S. commercial/multifamily originators in 2008MortgagePress.comMortgage Bankers Associaiton, Bank of America, Wells Fargo, commercial originators, multifamily originator
Bank of America and Wells Fargo were the top
commercial/multifamily originators in 2008, according to a set of
listings released by the Mortgage Bankers Association (MBA). Other
originators in the top 10 include PNC Real Estate; Holliday
Fenoglio Fowler, L.P.; Wachovia; GE Real Estate; Capmark Financial
Group Inc.; CBRE | Melody; Deutsche Bank Commercial Real Estate;
and KeyBank Real Estate Capital.
Eight different companies topped the 11 lists reporting
originations by investor groups:
• Capmark Financial Group as the top originator for
Freddie Mac, FHA/Ginnie Mae, and specialty finance;
• Bank of America for commercial banks/savings institutions
and conduits;
• MetLife Real Estate Investments for life insurance
companies;
• PNC Real Estate for Fannie Mae;
• KeyBank Real Estate Capital for REITS, mortgage REITS,
investment funds;
• TIAA-CREF for pension funds;
• GE Real Estate for credit companies; and
• Wells Fargo for other investors.
By dollar volume, the top five intermediaries in 2008 were
Holliday Fenoglio Fowler, LP, CBRE Melody, Wells Fargo, NorthMarq
Capital, and PNC Real Estate. The top five lenders were Bank of
America, Wells Fargo, Wachovia, PNC Real Estate, and GE Real
Estate.
The MBA study is the only one of its kind to present a
comprehensive set of listings of commercial/multifamily mortgage
originators and the different roles they play. The MBA report,
Commercial Real Estate/Multifamily Finance Firms--Annual
Origination Volumes, presents origination volumes in more than 140
categories, including by role, by investor group, by property type,
by financing structure type, and by the location of the originating
office.
For more information, visit www.mortgagebankers.org.
