Get Your Mortgage Rate Quote in Just 30 Seconds

Mortgage rates change every day, and your rate will vary based on your location, finances, and other factors. Get your FREE customized rate comparison below.

Biggest Commercial Lenders

Biggest Commercial Lenders

MBA releases 2007 commercial mortgage data

April 2, 2008

By SAM GARCIA

The biggest commercial mortgage lenders and mortgage brokers have been ranked by activity last year.

The fifth largest commercial mortgage originator was Credit Suisse, with 966 units closed for $26.9 billion during 2007, according to the Mortgage Bankers Association 4th Annual Commercial/Multifamily Finance Firms Annual Originations Rankings. The report detailed activity from 124 commercial mortgage brokers and lenders.

Deutsche Bank Commercial Real Estate was No. 4, at 647 units for $29.5 billion in commercial fundings last year, MBA reported. Bank of America ranked No. 3, with 2,739 loans originated for $69.7 billion.

No. 2, Wells Fargo Bank, N.A., reportedly funded 11,692 commercial mortgages for $71.7 billion last year.

The ranking was topped by Wachovia, which had 4,065 loans for $90.4 billion in commercial production, the report indicated.

The other firms to rank among the top 10 originators were: No. 6 Holliday Fenoglio Fowler LP, No. 7 Capmark Financial Group Inc., CBRE-Melody at No. 8, Goldman Sachs & Co. at No. 9, and No. 10 KeyBank Real Estate Capital.

Among all 124 firms, Goldman, Sachs & Co. had the biggest average loan size, at $91.5 million; followed by MetLife Real Estate Investments at $84.2 million; and Pacific Life Insurance Co., with an average loan size of $70.2 million.

The biggest commercial mortgage broker was Wells Fargo, which acted as an intermediary on 322 transactions for $32.5 billion. Holliday was next, arranging 1,005 loans for $25.1 billion, trailed by CBRE, with 1,214 loans brokered for $22.5 billion.

Among commercial mortgage lenders, Wachovia reigned with 3,768 loans funded for $74.6 billion, followed by Bank of America, at 2,739 units for $69.7 billion, and Wells Fargo, which closed 11,370 loans for $39.2 billion.


next story

back to current headlines

Popular posts

7 Refinance Strategies
7 Refinance Strategies

Refinance to a lower interest rate: If interest rates have dropped since you took out your original mortgage, refinancing to a lower rate can help you save money on your monthly payments and reduce the overall cost of your loan. Refinance to a shorter loan term:...

7 Refinance Strategies
Is Refinancing With Your Present Lender Preferable?

Do Not Accept the First Refinancing Offer You Receive Homeowners should not accept the first refinancing rate provided to them. This is particularly important if you are applying with your existing lender. Some mortgage lenders have mechanisms in place that prioritize...

Newsletter

Don’t worry, we don’t spam

calculate your monthly mortgage payment

Related Topics

Helpful Links

Daily mortgage rate trends

Best mortgage lenders

First-time homebuyers programs by state

Loan limits by state

Types of mortgages

APR vs interest rate

Understanding PMI

Related Posts

Fannie Mae Profile

Fannie Mae Profile

Last Updated December 27, 2018 7:38 PM Central   full list | other directories | bank search | SEC...

THE TRUSTED PROVIDER OF ACCURATE RATES AND FINANCIAL INFORMATION