Wachovia Tops MBA Commercial/MF Ranks

Wachovia, Wells Fargo, and Bank of America were the top commercial/multifamily originators in 2007, according to the Mortgage Bankers Association. Other top-10 originators in the MBA's 4th Annual Commercial/Multifamily Finance Firms Annual Originations Rankings were Deutsche Bank Commercial Real Estate; Credit Suisse; Holliday Fenoglio Fowler LP; Capmark Financial Group Inc.; CBRE|Melody; Goldman, Sachs & Co.; and KeyBank Real Estate Capital. Wachovia was the top originator for real estate investment trusts, investments funds, Fannie Mae, and conduits, while Wells Fargo topped the list for life insurance companies and other investors and Bank of America led for commercial banks/savings institutions, the MBA reported. In addition, Capmark Financial Group was the top originator for Freddie Mac, Federal Housing Authority/Ginnie Mae, and specialty finance companies; TIAA-CREF for pension funds; and GE Real Estate for credit companies.