Wachovia, Wells Fargo and Bank of America were the top commercial/multifamily originators in 2007, according to the Mortgage Bankers Association (MBA) 4th Annual Commercial/Multifamily Finance Firms Annual Originations Rankings. Other originators in the top 10 include: Deutsche Bank Commercial Real Estate; Credit Suisse; Holliday Fenoglio Fowler, L.P.; Capmark Financial Group Inc.; CBRE|Melody; Goldman, Sachs & Co.; and KeyBank Real Estate Capital.
Five different companies topped the 11 lists reporting originations by investor groups:
*Wachovia as the top originator for REIT, mortgage REITs, investments funds, Fannie Mae and conduits;
*Capmark Financial Group for Freddie Mac, FHA/Ginnie Mae, and specialty finance companies;
*Bank of America for commercial banks/savings institutions;
*Wells Fargo for life insurance companies and for other investors;
*TIAA-CREF for pension funds; and
*GE Real Estate for credit companies.
By dollar volume, the top three intermediaries in 2007 were Wells Fargo, Holliday Fenoglio Fowler, L.P., and CBRE|Melody. The top three lenders were Wachovia, Bank of America and Wells Fargo.
The MBA Annual Originations Rankings study is the only report of its kind that provides firm-specific dollar volumes and loan counts detailing the mortgage originations of 124 leading commercial/multifamily intermediaries and lenders.
Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19th at the Babson Executive Conference Center in Wellesley, Mass.
It seems like every day there is another reason showcasing the reason why more and more investors are choosing to stay debt-free when investing in Delaware Statutory Trust (DST) properties in a 1031 exchange.
In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today.
Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property
Investors have multiple tools to defer tax liabilities when selling investment properties. The best known is likely a 1031 exchange - which has been around in some form or fashion for over 100 years. Installment sales have existed as part of the code for more than 75 years. Newer legislation (2017) created Qualified Opportunity Zones (QOZs)