According to a set of commercial/multifamily real estate finance league tables prepared by the Mortgage Bankers Association (MBA), the following firms were the top commercial/multifamily mortgage originators in 2021:
- JLL
- CBRE
- Eastdil Secured
- Wells Fargo
- Meridian Capital Group
- JP Morgan Chase & Company
- Newmark
- Walker & Dunlop
- KeyBank
- Berkadia
MBA’s Commercial Real Estate/Multifamily Finance Firms – Annual Origination Volumes report is the only one of its kind to present a comprehensive set of listings of 149 different commercial/multifamily mortgage originators, their 2021 volumes, and the different roles they play. The report 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.
By dollar volume, the top five originators for third parties in 2021 were:
- JLL
- CBRE
- Eastdil Secured
- Meridian Capital Group
- Newmark
The top five lenders in 2021 were:
- Wells Fargo
- JP Morgan Chase & Company
- Bank of America
- Goldman Sachs
- KeyBank
Seven different companies were at the top of the nine lists reporting total originations by investor groups:
- Bank of America, Eastdil Secured, JP Morgan Chase & Company, Citigroup Global Markets, and Goldman Sachs were the top originators for commercial mortgage-backed securities (CMBS).
- Wells Fargo, CBRE, KeyBank, Meridian Capital Group, and JP Morgan Chase & Company were the top originators for commercial bank loans.
- JLL, CBRE, Newmark, MetLife Investment Management, and Northwestern Mutual were the top originators for life insurance companies.
- Walker & Dunlop, Berkadia, CBRE, Wells Fargo, and JLL were the top originators for Fannie Mae.
- Berkadia, CBRE, JLL, Walker & Dunlop, and Meridian Capital Group were the top originators for Freddie Mac.
- Lument, Greystone, Berkadia, Walker & Dunlop, and Wells Fargo were the top originators for FHA/Ginnie Mae.
- JLL, Blackstone, Eastdil Secured, Arbor Realty Trust, and Cushman & Wakefield for investor-driven lenders.
- Newmark, Cushman & Wakefield, Barings, Principal Real Estate Investors, and Colliers Mortgage were the top originators for pension funds.
- Walker & Dunlop, Berkadia, Northmarq, Deutsche Bank Securities, Inc., and Newmark were the top originators for the “other investors” category.
The report is available for purchase through MBA’s Online Store: www.mba.org/news-research-and-resources/research-and-economics/commercial/-multifamily-research/annual-originations-rankings. Members of the media can request tables from the report by emailing Adam DeSanctis at adesanctis@mba.org.