Wells Fargo was both the top commercial/multifamily mortgage originator and top lender for 2011, according to the Mortgage Bankers Association.
The bank originated over 7,800 transactions last year, with a dollar volume of $60.2 billion, slightly under three times the dollar volume of the No. 2 originator, HFF LP. HFF did $20.6 billion but only 710 transactions. Furthermore, among the 99 institutions listed in the originator table, only Meridian Capital Group LLC did more than 1,000 loans.
Meridian did nearly 2,800 transactions and ranked third by dollar volume at $17.3 billion.
Rounding out the top five originators are CBRE Capital Markets Inc. at $16.6 billion and PNC Real Estate at $15.8 billion.
In terms of those who actually lent the money on the property, Wells Fargo had dollar volume of $43.7 billion for over 7,600 loans. It was the only lender on the list which did more than 1,000 loans last year.
MetLife Real Estate Investments was second with volume of $11.1 billion but just 98 loans. PNC Real Estate was third at $11 billion for 720 loans.
Deutsche Bank Commercial Real Estate was fourth at $9.8 billion, followed by fifth place Prudential Mortgage Capital Co., at $9.7 billion.
Sixth was the CMBS business of J.P. Morgan at $8 billion for 155 deals.
