Top commercial mortgage lenders revealed

MBA report ranks top firms

Top commercial mortgage lenders revealed

The Mortgage Bankers Association (MBA) has revealed the top commercial and multifamily real estate lenders for 2023.

Topping the list of originators are well-known names in the industry, including JLL, CBRE, JPMorgan Chase & Company, Newmark, Meridian Capital Group, Eastdil Secured, Walker & Dunlop, Berkadia, KeyBank, and Wells Fargo.

In government-backed lending, Berkadia and Walker & Dunlop were dominant players across multiple categories (Fannie Mae, Freddie Mac, FHA/Ginnie Mae).

The trade group said these firms have demonstrated their prowess in facilitating commercial and multifamily mortgage transactions, contributing significantly to the financing landscape in the past year.

MBA’s report delves into various aspects of origination volumes, categorizing them based on roles, investor groups, property types, financing structures, and originating office locations. This breakdown offers insights into the commercial and multifamily mortgage market dynamics.

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Here’s how the leaders stacked up:

  • Top lenders overall: JPMorgan Chase & Company, Wells Fargo, Berkadia, Walker & Dunlop, and PGIM Real Estate
  • Top originators for commercial mortgage-backed securities (CMBS): JPMorgan Chase & Company, Eastdil Secured, Goldman Sachs, Morgan Stanley, and Deutsche Bank Securities, Inc.
  • Top originators for depositories: JLL, JPMorgan Chase & Company, PNC Real Estate, Meridian Capital Group, and KeyBank.
  • Top originators for life insurance companies: JLL, Apollo Global Management, PGIM Real Estate, Northwestern Mutual, and CBRE.
  • Top originators for Fannie Mae: Walker & Dunlop, Berkadia, CBRE, Greystone, and KeyBank.
  • Top originators for Freddie Mac: Berkadia, CBRE, Walker & Dunlop, JLL, and Newmark
  • Top originators for FHA/Ginnie Mae: Berkadia, Lument, Greystone, Dwight Capital LLC, and Walker & Dunlop.
  • Top originators investor-driven lenders: JLL, Eastdil Secured, Newmark, CBRE, and Blackstone.
  • Top originators for pension funds: Cushman & Wakefield, Nuveen Real Estate, Q10 Capital LLC, Principal Real Estate Investors, and Barings.
  • Top originators by investor group: JLL, Walker & Dunlop, Newmark, Meridian Capital Group, and Bellwether Enterprise Real Estate Capital.

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