ORLANDO, FL - At the MBA Commercial Real Estate Finance Conference, Freddie Mac announced the lenders who transacted the most multifamily financing volume with the company in 2015. Through these and other lenders, Freddie Mac settled $47.3 billion in new multifamily volume last year, comprising 650,000 rental units.
"We have a tremendous partnership with our lender partners who work tirelessly every day to provide apartment financing," said John Cannon, senior vice president of Freddie Mac Multifamily Production and Sales. "Support for this market is more important than ever, especially with the increased need for properties with affordable rents which is largely what we fund. We are fortunate to work with the best team of originators, underwriters, asset managers and closing counsels in the business."
Top Transactional Lenders
CBRE Capital Markets - $6.96 Billion
Berkadia Commercial Mortgage - $6.35 Billion
Holliday Fenoglio Fowler- $5.15 Billion
Walker & Dunlop - $5.11 Billion
Northeast Region: Wells Fargo Multifamily Capital, New York
Top Program Plus Sellers by Freddie Mac Multifamily Region
Southeast Region: Walker & Dunlop, Seniors, Bethesda, Md.
Central Region: CBRE Capital Markets, Dallas
Western Region: Berkadia Commercial Mortgage, Los Angeles
Wells Fargo Multifamily Capital - $3.53 Billion
Top Targeted Affordable Housing Seller: Wells Fargo Multifamily Capital
Top Conventional Structured Transactions Seller: Holliday Fenoglio Fowler
Top Seniors Housing Seller: Walker & Dunlop
Top Manufactured Housing Community Seller: Wells Fargo Multifamily Capital
Top Small Balance Loans Seller: Arbor Commercial Mortgage
Since the launch of Freddie Mac's multifamily business in 1993, it has provided more than $393 billion in financing for more than 66,000 multifamily properties.
Freddie Mac Multifamily helps ensure an ample supply of affordable rental housing by purchasing and securitizing mortgages on apartment buildings nationwide. The loans range from $1 million to several billions and roughly 90 percent support rental units for low- and moderate-income households. Freddie Mac securitizes about 90 percent of the multifamily loans it purchases, thus transferring the vast majority of the expected credit risk from taxpayers to private investors.