The results are in, and the biggest commercial mortgage lender has been named.
The findings were reported Tuesday by the Mortgage Bankers Association.
The Washington, D.C.-based trade group says that the report “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.”
According to the study, Wells Fargo Bank, N.A., maintained its first-placed standing as the biggest originator of loans to finance commercial real estate. Last year’s CRE production was $44.8 billion at the company, up from $27.0 billion in the 2009 report.
Wells Fargo also ranked highest in the categories of “lender,” direct originations” and “portfolio lender.” It additionally ranked as the biggest “investment sales broker” and the top originator for commercial banks or savings institutions, conduits, Fannie Mae, real estate investment trusts, mortgage REITS, investment funds and other investors.
Next on the overall ranking was HFF LP, where total CRE originations rose to $11.0 billion from the previous year’s $5.8 billion. HFF was the biggest intermediary originator and the biggest originator for credit companies.
After that was Meridian Capital Group LLC’s total $9.8 billion in production, then CBRE Capital Markets Inc.’s $9.6 billion and Prudential Mortgage Capital Co.’s $8.8 billion.
Finishing out the top 10 were MetLife Real Estate Investments, which ranked as the biggest life insurer originator; Deutsche Bank Commercial Real Estate; PNC Real Estate; Northmarq Capital; and Berkadia Commercial Mortgage LLC.
