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Last Updated: May 22, 2013
Vol. 14, No. 9/10
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Freddie Mac Names Top 2012 Multifamily Mortgage Lenders

Freddie Mac’s highest-producing multifamily lender of 2012 was CBRE Capital Markets, the government-sponsored enterprise announced Feb. 4. Last year, the Houston-based lender transacted $6.2 billion in new multifamily volume with the GSE.

With the help of CBRE Capital Markets and its other top lenders and mortgage sellers, the GSE settled a record $28.8 billion in new multifamily volume last year, comprising 435,000 rental units and resulting in more than $21 billion in mortgage securitizations.

“These lenders are MVPs of multifamily finance, and we just won the Super Bowl by working well as a team” John Cannon, senior vice president of Freddie Mac Multifamily Production, Sales and Marketing, said in a news release. “Together, we had a record year in loan purchases, with new and repeat borrowers. The top six sellers nationwide accounted for 65 percent of our total settlement volume for 2012.”

In addition to CBRE Capital Markets, other tops sellers nationwide by volume included Berkadia Commercial Mortgage ($3.6 billion), Holliday Fenoglio Fowler ($2.4 billion), Wells Fargo Multifamily Capital ($2.4 billion), Walker & Dunlop ($2.3 billion) and NorthMarq Capital ($1.9 billion).
   
The GSE reported that Beech Street Capital and HSBC Bank USA were the top firms for conventional structured transactions. Wells Fargo Multifamily Capital, Citibank and Oak Grove Commercial Mortgage were the top performers for targeted affordable housing transactions. Key Bank Real Estate Capital and Wells Fargo Multifamily Capital were the top performers for senior housing transactions.

Freddie Mac honored Beech Street Capital and Jones Lange LaSalle with the Partnership Award for outstanding collaboration, increased loan volume and commitment to working with Freddie Mac.