According to a set of listings data released this week by the Mortgage Bankers Association (MBA), Wells Fargo was the top U.S. commercial and multifamily mortgage originator in 2011.
Other originators in the top 10 include HFF, L.P.; Meridian Capital Group, LLC.; CBRE Capital Markets, Inc.; PNC Real Estate; MetLife Real Estate Investments; Deutsche Bank Commercial Real Estate; Prudential Mortgage Capital Company; Northmarq Capital LLC; and JP Morgan (CMBS).
Report Highlights Include:
Seven different companies topped the 11 lists reporting originations by investor groups:
Wells Fargo Bank was the top originator for commercial banks/savings institutions; for Fannie Mae; for FHA/Ginnie Mae; for REITS and mortgage REITS, investment funds; and for other investors
JP Morgan was the top originator for commercial mortgage-backed securities (CMBS)
MetLife Real Estate Investments was the top originator for life insurance companies
CBRE Capital Markets Inc. was the top originator for Freddie Mac
TIAA-CREF was the top originator for pension funds
HFF was the top originator for credit companies
Mesa West Capital was the top originator for specialty finance
By dollar volume, the top five originators for third parties in 2011 were Wells Fargo Bank, HFF, Meridian Capital Group, CBRE Capital Markets and Northmarq Capital.
The top five lenders in 2011 were Wells Fargo, MetLife Real Estate Investments, PNC Real Estate, Deutsche Bank Commercial Real Estate and Prudential Mortgage Capital.
The MBA study is the only one of its kind to present a comprehensive set of listings of commercial and multifamily mortgage originators and the different roles they play.
The MBA report, Commercial Real Estate and 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.