Los Angeles, April 18, 2017 – CBRE Capital Markets was the top ranked agency lender in 2016, according to the Mortgage Bankers Association (MBA), with a combined volume of loans originated for Fannie Mae, Freddie Mac and Federal Housing Authority (FHA) totaling $16.0 billion. The firm was also the largest originator of Freddie Mac loans in 2016, with financing volume originated totaling $10.0 billion; approximately $3 billion more than the second-ranked firm. CBRE also originated $5.7 billion of loans for Fannie Mae and $0.4 billion of FHA-insured multifamily mortgages.
“2016 was another successful year for our multifamily business. Our goal is to create distinct advantages for our clients and we are thankful for the confidence that they have placed with CBRE Capital Markets professionals across the platform,” said Brian Stoffers, Global President, Debt & Structured Finance, CBRE Capital Markets.
CBRE arranged more than $24.0 billion in multifamily debt financing in 2016 and originated loans with 175 debt capital providers. When combined with CBRE’s $28.7 billion in apartment sales, the company’s multifamily capital markets transactions totaled $52.7 billion for 2016. All debt capital sources were represented, including banks, life insurers, government-sponsored agencies and CMBS issuers.
Included in the overall CBRE multifamily totals are its Affordable Housing and Student Housing platforms, as well as its National Seniors Housing team, which arranged $3 billion in combined senior housing investment sales and debt in 2016.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com