Wells Fargo Bank was ranked the top commercial/multifamily mortgage originator in 2010, according to a set of listings released by the Mortgage Bankers Association (MBA). Other originators in the top 10 of the MBA's "Commercial Real Estate/Multifamily Finance Firms—Annual Origination Volumes," include HFF LP, Meridian Capital Group LLC; CBRE Capital Markets Inc., Prudential Mortgage Capital Company, MetLife Real Estate Investments, Deutsche Bank Commercial Real Estate, PNC Real Estate, Northmarq Capital LLC and Berkadia Commercial Mortgage LLC. Highlights of the listing include:
Seven different companies topped the 11 lists reporting originations by investor groups:
►Wells Fargo Bank as the top originator for commercial banks/savings institutions, conduits, Fannie Mae, REITS, mortgage REITS, investment funds, and other investors; MetLife Real Estate Investments for life insurance companies; CBRE Capital Markets Inc. for Freddie Mac; Prudential Mortgage Capital Company for FHA/Ginnie Mae; TIAA-CREF for pension funds; HFF, L.P. for credit companies; and Cohen Financial for specialty finance.
►By dollar volume, the top five originators for third parties in 2010 were Wells Fargo Bank, HFF LP, Meridian Capital Group LLC, CBRE Capital Markets Inc. and Prudential Mortgage Capital Company.
The Mortgage Bankers Association (MBA) study presents 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.