CBRE Capital Markets has topped Freddie Mac's list of the highest-producing multifamily mortgage sellers of 2011. With $4.13 billion in loan volume, CBRE was the year's top seller nationwide. NorthMarq Capital LLC followed in second place with $2.14 billion, and Berkadia Commercial Mortgage LLC was third, at $1.68 billion.
Four originators were named top regional sellers: KeyCorp Real Estate Capital captured the Northeast lead with $575 million; CWCapital LLC dominated the Southeast with $949 million; Holliday Fenoglio Fowler LP controlled the Central region with $476 million; and PNC Bank NA commanded the Western region with $451 million.
Freddie Mac purchased more than $20 billion in multifamily loans last year, comprising 321,000 rental units, and resulting in about $14 billion in mortgage securitizations.
‘These lenders have hung in there during this challenging economic environment, and helped to keep much-needed credit flowing to the rental housing marketplace,’ says David Brickman, senior vice president of Freddie Mac's multifamily business.