MBA Releases 2020 Rankings of Commercial/Multifamily Mortgage Firms’ Origination Volumes

CONTACT
Adam DeSanctis
adesanctis@mba.org
(202) 557-2727

WASHINGTON, D.C. (March 17, 2021) - 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 2020:

  • JLL
  • CBRE
  • KeyBank
  • Meridian Capital Group
  • Walker & Dunlop
  • JP Morgan Chase & Company
  • Wells Fargo
  • Eastdil Secured
  • Berkadia
  • Newmark

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 141 different commercial/multifamily mortgage originators, their 2020 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 2020 were:

  • JLL
  • CBRE
  • Meridian Capital Group
  • Walker & Dunlop
  • KeyBank  

The top five lenders in 2020 were:

  • KeyBank
  • Wells Fargo
  • JP Morgan Chase & Company
  • Walker & Dunlop
  • Berkadia

Nine different companies were at the top of the 11 lists reporting total originations by investor groups:

  • JP Morgan Chase & Company, Eastdil Secured, Deutsche Bank Securities, Inc., Citigroup Global Markets, and Morgan Stanley were the top originators for commercial mortgage-backed securities (CMBS). 
  • KeyBank, JP Morgan Chase & Company, Meridian Capital Group, Wells Fargo, and JLL were the top originators for commercial bank loans.
  • JLL, PGIM Real Estate Finance, MetLife Investment Management, CBRE, and Northwestern Mutual were the top originators for life insurance companies.
  • Walker & Dunlop, CBRE, Berkadia, PGIM Real Estate, and Greystone were the top originators for Fannie Mae.
  • CBRE, Berkadia, JLL, Walker & Dunlop, and Capital One Financial Corp. were the top originators for Freddie Mac.
  • LUMENT, Greystone, Berkadia, Dwight Capital LLC, and Walker & Dunlop were the top originators for FHA/Ginnie Mae.
  • Nuveen Real Estate, Newmark, Barings, Marcus & Millichap, and Cushman & Wakefield were the top originators for pension funds.
  • Marcus & Millichap Capital Corporation, CBRE, Walker & Dunlop, Eastdil Secured, and District Capital for credit companies.
  • JLL, Eastdil Secured, Blackstone Mortgage Trust, Inc., Arbor Realty Trust, and Meridian Capital Group were the top originators for REITS, Mortgage REITS, and Investment Funds.
  • JLL, Walker & Dunlop, Meridian Capital Group, UC Funds, and George Smith Partners were the top originators for specialty finance.
  • Deutsche Bank Securities Inc., Newmark, PGIM Real Estate, Walker & Dunlop, and CBRE were the top originators for the "other investors" category.

The report is available for purchase through MBA's Online Store at: https://www.mba.org/news-research-and-resources/research-and-economics/commercial/-multifamily-research/annual-originations-rankings. Members of the press may request tables from the report by emailing Adam DeSanctis at adesanctis@mba.org.