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""CBRE Capital Markets"":http://capitalmarkets.cbre.com/ was 2012's top seller of multifamily loans, according to a release from ""Freddie Mac"":http://www.freddiemac.com/.
[IMAGE]The GSE reported a record $28.8 billion in new multifamily mortgage volume last year, comprising 435,000 rental units and resulting in more than $21 billion in mortgage securitizations. According to the company, the bulk of the credit for this achievement goes to six sellers in particular whose combined efforts accounted for 65 percent of Freddie Mac's total settlement volume for 2012.
CBRE topped the list of sellers with a reported $6.2 billion in multifamily volume. It was followed by ""Berkadia Commercial Mortgage"":http://www.berkadia.com/default.aspx ($3.6 billion), ""Wells Fargo Multifamily Capital"":https://www.wellsfargo.com/com/financing/real-estate/multi-family-capital and ""Holliday Fenoglio Fowler"":http://www.hfflp.com/ ($2.4 [COLUMN_BREAK]
billion each), ""Walker & Dunlop"":http://www.walkerdunlop.com/ ($2.3 billion), and ""NorthMarq Capital"":http://www.northmarq.com/ ($1.9 billion).
""These lenders are MVPs of multifamily finance, and we just won the Super Bowl by working well as a team. Together, we had a record year in loan purchases, with new and repeat borrowers,"" said John Cannon, SVP of sales and marketing for Freddie Mac Multifamily Production. ""Multifamily is a competitive market. These top sellers worked tirelessly to meet the financing needs of their communities and support the rental housing market.""
The company also broke down top sellers by region: Berkadia Commercial Mortgage (in Richmond, Virginia) reigned in the Southeast; CBRE ranked No. 1 on in the Central and Western regions (operating out of Dallas, Texas, and Newport Beach, California, respectively); and ""Beech Street Capital"":http://www.beechstcap.com/ (in New York City) topped the list of lenders in the Northeast.
Wells Fargo Multifamily Capital was the top targeted affordable housing seller, while Beech Street Capital ranked highest in conventional structured transactions. ""KeyBank Real Estate"":https://www.key.com/corporate/financing/commercial-real-estate-loan-investment.jsp Capital pulled the highest volume in seniors housing.
Meanwhile, Freddie Mac announced that Beech Street Capital and ""Jones Lange LaSalle"":http://www.us.am.joneslanglasalle.com/unitedstates/en-us/Pages/Home.aspx won the Partnership Award for outstanding collaboration, increased loan volume, and commitment to working with the GSE.
