The Mortgage Bankers Association (MBA) has released its annual ranking of commercial/multifamily mortgage firms by origination volume. The MBA study presents a comprehensive set of listings of 127 different commercial/multifamily mortgage originators, their 2014 volumes and the different roles they play. The 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.
The top 10 commercial/multifamily mortgage originators in 2014 were: Wells Fargo; JP Morgan Chase & Company; Eastdil Secured; HFF LP; Meridian Capital Group LLC; KeyBank; CBRE Capital Markets Inc.; Deutsche Bank Securities Inc.; PNC Real Estate; and Bank of America Merrill Lynch.
The report lists total originations across eleven different investor groups. Ten different companies were the top originator for at least one of the different groups. The top three originators overall and by each investor group are listed below:
►Total Origination Volumes: Wells Fargo, JP Morgan Chase & Company and Eastdil Secured
►Commercial Mortgage-Backed Securities (CMBS): Deutsche Bank Securities Inc., Eastdil Secured and J.P. Morgan Chase & Company
►Commercial Bank Portfolios: JP Morgan Chase & Company, PNC Real Estate, and Meridian Capital Group LLC
►Life Insurance Company Portfolios: MetLife Real Estate Investors, HFF LP, and Prudential Mortgage Capital Company
►Fannie Mae: Walker & Dunlop, Wells Fargo and Berkadia
►Freddie Mac: CBRE Capital Markets Inc., Berkadia and Walker & Dunlop
►FHA/Ginnie Mae: Red Mortgage Capital LLC, Greystone and Berkadia
►Pension Funds: TIAA-CREF, Cornerstone Real Estate Advisers and CBRE Capital Markets Inc.
►Credit Companies: CBRE Capital Markets, HFF LP and Marcus & Millichap Capital Corporation
►REITS, Mortgage REITS and Investment Funds: KeyBank, Eastdil Secured, and NorthStar Realty Finance
►Specialty Finance Firms: JLL, Mesa West Capital LLC and Meridian Capital
►“Other Investors:" Wells Fargo, HFF LP and Morgan Stanley
By dollar volume, the top five originators for third parties in 2014 were Eastdil Secured; HFF L.P.; Meridian Capital Group LLC; CBRE Capital Markets and Deutsche Bank Securities Inc.The top five lenders in 2014 were Wells Fargo, JP Morgan Chase & Company, KeyBank, Deutsche Bank Securities Inc. and Bank of America Merrill Lynch.
