Categories
- 1031 Exchange
- AAOA Forum
- Collections
- Credit Screening
- Financing
- Forms
- Going Green
- Insurance
- Make Extra Money
- Marketing Vacant Units
- Promotional
- Property Sales
- Remodel Tips
- tax tips
Archives
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
Welcome to the AAOA Forum, where we discuss the the topics our members want to hear and want to talk about. We like to take an active roll in the online community to help our members learn and help educate landlords new and old. We encourage you to participate and join in our discussions. Thanks.
The Top 10 Commercial, Multifamily Lenders
Bank of America and Wells Fargo were the top commercial/multifamily originators in 2008, according to a set of listings released today by the Mortgage Bankers Association (MBA).
Other originators in the top 10 include PNC Real Estate; Holliday Fenoglio Fowler, L.P.; Wachovia; GE Real Estate; Capmark Financial Group Inc.; CBRE | Melody; Deutsche Bank Commercial Real Estate; and KeyBank Real Estate Capital.
Eight different companies topped the 11 lists reporting originations by investor groups:
• Capmark Financial Group as the top originator for Freddie Mac, FHA/Ginnie Mae, and specialty finance;
• Bank of America for commercial banks/savings institutions and conduits;
• MetLife Real Estate Investments for life insurance companies;
• PNC Real Estate for Fannie Mae;
• KeyBank Real Estate Capital for REITS, mortgage REITS, investment funds;
• TIAA-CREF for pension funds;
• GE Real Estate for credit companies; and
• Wells Fargo for other investors.
By dollar volume, the top five intermediaries in 2008 were Holliday Fenoglio Fowler, L.P., CBRE | Melody, Wells Fargo, NorthMarq Capital, and PNC Real Estate. The top five lenders were Bank of America, Wells Fargo, Wachovia, PNC Real Estate, and GE Real Estate.
The MBA study 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. The MBA 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.
Eight different companies topped the 11 lists reporting originations by investor groups:
• Capmark Financial Group as the top originator for Freddie Mac, FHA/Ginnie Mae, and specialty finance;
• Bank of America for commercial banks/savings institutions and conduits;
• MetLife Real Estate Investments for life insurance companies;
• PNC Real Estate for Fannie Mae;
• KeyBank Real Estate Capital for REITS, mortgage REITS, investment funds;
• TIAA-CREF for pension funds;
• GE Real Estate for credit companies; and
• Wells Fargo for other investors.
By dollar volume, the top five intermediaries in 2008 were Holliday Fenoglio Fowler, L.P., CBRE | Melody, Wells Fargo, NorthMarq Capital, and PNC Real Estate. The top five lenders were Bank of America, Wells Fargo, Wachovia, PNC Real Estate, and GE Real Estate.
The MBA study 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. The MBA 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.
See our feature, 7 Key Reasons to Invest in Apartments.
Share your insights by commenting below. For questions about our blog, contact our editor at kim@joinaaoa.org.
American Apartment Owners Association offers discounts for landlords on products and services related to your rental investment, including real estate forms, tenant debt collection, tenant background checks, insurance and financing. Find out more at www.joinaaoa.org.
To subscribe to our blog, click here.
American Apartment Owners Association offers discounts for landlords on products and services related to your rental investment, including real estate forms, tenant debt collection, tenant background checks, insurance and financing. Find out more at www.joinaaoa.org.
To subscribe to our blog, click here.
Filed under: AAOA Forum, Financing
[...] to 0.13 from 0.11 (including the origination fee) for 80 percent LTV loans. See our feature, The Top 10 Commercial, Multifamily Lenders. American Apartment Owners Association offers discounts on products and services for [...]