McLean, Va. — 2012 was a record-setting year in multifamily volume, winning out over the last lending record, which was set in 2008.
McLean, Va. — Freddie Mac has released a ranking of its highest-producing multifamily mortgage sellers of 2012. These are the lenders who transacted the most financing volume with Freddie Mac. Through these and other lenders, the company settled a record $28.8 billion in new multifamily volume last year, comprising 435,000 rental units, and resulting in over $21 billion in mortgage securitizations. Freddie Mac purchased $1.7 billion in student housing loans in 2012.
Loan purchase and bond-guarantee volume accounted for the $28.8 billion volume in multifamily business. The figure was 42 percent higher than it was in 2011 when the volume was $20.3 billion. The previous multifamily business activity record was $24 billion in 2008.
Top Sellers Nationwide Volume
1. CBRE Capital Markets $6.2 Billion
2. Berkadia Commercial Mortgage $3.6 Billion
3. Wells Fargo Multifamily Capital $2.4 Billion
(Tie for third) Holliday Fenoglio Fowler, L.P. $2.4 Billion
4. Walker & Dunlop, LLC $2.3 Billion
5. NorthMarq Capital, LLC $1.9 Billion
Top Seller by Freddie Mac Multifamily Region
Southeast Region: Berkadia Commercial Mortgage, Richmond, Va.
Central Region: CBRE Capital Markets, Dallas, Texas
Western Region: CBRE Capital Markets, Newport Beach, Calif.
Northeast Region: Beech Street Capital, LLC, New York, N.Y.
Top Targeted Affordable Housing Sellers
1. Wells Fargo Multifamily Capital
2. Citibank, NA
3. Oak Grove Commercial Mortgage LLC
Conventional Structured Transactions
1. Beech Street Capital, LLC
2. HSBC Bank USA
Top Seniors Housing Sellers
1. KeyBank Real Estate Capital
2. Wells Fargo Multifamily Capital
For more on Freddie Mac's 2012 multifamily highlights, click here.