According to the Mortgage Bankers Association, the following firms were the top commercial and multifamily mortgage originators in the U.S. during 2017:
HFF
Wells Fargo
PNC Real Estate
Eastdil Secured
JP Morgan Chase & Company
CBRE Capital Markets, Inc.
Key Bank
Capital One Financial Corp.
Meridian Capital Group
Walker & Dunlop.
By dollar volume, the top five originators for third parties in 2017 were:
HFF
Eastdil Secured
CBRE Capital Markets, Inc.
PNC Real Estate
Meridian Capital Group.
The top five lenders in 2017 were:
Wells Fargo
JP Morgan Chase & Company
Key Bank
Capital One Financial Corp.
Bank of America Merrill Lynch.
Ten different companies were at the top of the 11 lists reporting total originations by investor groups:
Deutsche Bank Securities, Inc., JP Morgan Chase & Company, and Eastdil Secured were the top originators for commercial mortgage-backed securities (CMBS)
PNC Real Estate, JP Morgan Chase & Company, and Key Bank were the top originators for commercial bank loans
HFF, MetLife Investment Management, and PGIM Real Estate Finance were the top originators for life insurance companies
Walker & Dunlop, Berkadia, and Wells Fargo were the top originators for Fannie Mae
CBRE Capital Markets, Inc., Walker & Dunlop, and Berkadia were the top originators for Freddie Mac
Greystone, Red Mortgage Capital, LLC, and Berkadia were the top originators for FHA/Ginnie Mae
TH Real Estate, CBRE Capital Markets, Inc., and HFF were the top originators for pension funds
HFF, CBRE Capital Markets, Inc., and Marcus & Millichap Capital Corporation were the top originators for credit companies
Eastdil Secured, Capital One Financial Corp., and Meridian Capital Group were the top originators for REITS, Mortgage REITS, and Investment Funds
JLL, PCCP, and Walker & Dunlop were the top originators for specialty finance;
Wells Fargo, HFF, and Deutsche Bank Securities Inc. were the top originators for the "other investors" category
The MBA study is the only one of its kind to present a comprehensive set of listings of 131 different commercial/multifamily mortgage originators, their 2017 volumes and the different roles they play. The MBA report, Commercial Real Estate/Multifamily Finance Firms - Annual Origination Volumes, 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.