News: Financial Digest
Posted: May 7, 2008
Wells Fargo ranked #1 in commercial real estate/multi family
For the third consecutive year, Wells Fargo & Co. ranks #1 in commercial real estate/multifamily origination volume by number of transactions, according to the Mortgage Bankers Association (MBA).
In 2007, Wells Fargo originated 11,692 commercial real estate and multifamily transactions, more than double its closest competitor. Wells Fargo was #1 in total dollar volume as an intermediary with $32.5 billion (including Wells Fargo's Eastdil). Wells Fargo also was #1 in lending in the office sector (2,390 transactions, $29 billion); industrial sector (2,446 transactions, $5.7 billion); and #1 in the hotel sector for transactions (573).
Tags:
Financial Digest
MORE FROM Financial Digest
Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank
Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
Columns and Thought Leadership
Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay
Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.
Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)
The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019. Casino corridor properties maintained modest growth with RevPAR improving 4.5% to $92 in 2025.
