The leading originators of multifamily loans nationwide include two lenders headquartered in Tokyo, a U.S. insurance company, and three California-based banks with assets under $8 billion, CrediFi found in a multifamily lender report released today.
The report shows the 15 banks and 15 nonbank lenders that originated the most multifamily loans nationwide last year.
Though the three highest spots on the bank ranking are filled by some of the country’s largest banks, the smallest of which has over $50 billion in assets, not all the banks in the ranking are anywhere near that large.
One of the multifamily lenders headquartered in Tokyo, meanwhile, is Japanese bank MUFG, which came in at No. 13 on the bank ranking and is a subsidiary of Mitsubishi UFJ Financial Group.
The other is Orix Corp., which came in at No. 9 on the nonbank ranking, and is the parent company of Ohio-based Red Capital Group and Orix Real Estate Capital, a DUS lender and Freddie Mac small-balance lender.
And the insurance company that made the rankings is Prudential, which came in at No. 10 on the list of top nonbank multifamily lenders.
Identify who’s financing multifamily properties by downloading CrediFi’s multifamily lender report.