{"id":415249,"date":"2021-01-14T13:18:32","date_gmt":"2021-01-14T18:18:32","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=415249"},"modified":"2021-01-14T13:18:32","modified_gmt":"2021-01-14T18:18:32","slug":"fannie-mae-multifamily-closes-2020-with-record-volume-of-76-billion","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fannie-mae-multifamily-closes-2020-with-record-volume-of-76-billion\/","title":{"rendered":"Fannie Mae Multifamily Closes 2020 With Record Volume of $76 Billion"},"content":{"rendered":"
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Fannie Mae Fulfills its Mission in Supporting the Multifamily Market Amid Pandemic-Driven Disruptions to Economy and Financial Markets<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n WASHINGTON<\/span>, Jan. 14, 2021<\/span> \/PRNewswire\/ —\u00a0Fannie Mae (OTCQB: FNMA) provided $76 billion<\/span> in financing to support the multifamily market in 2020, the highest volume in the history of its 32-year-old Delegated Underwriting and Servicing (DUS\u00ae<\/sup>) program. During a year of pandemic-related disruptions to the nation’s economy and financial markets, Fannie Mae supported the needs of multifamily borrowers while increasing its commitment to affordable housing.<\/p>\n

“Fannie Mae continued to play an important role as a source of financing for multifamily rental housing at a time when borrowers and their tenants faced unprecedented challenges,” said Michele Evans<\/span>, Executive Vice President of Multifamily, Fannie Mae. “Working with our DUS lenders, we served as a reliable source of financing for multifamily borrowers in an extraordinary year that called for the development of resources for renters and forbearance for borrowers.”<\/p>\n

“We want to thank our DUS lenders for their partnership and help in ensuring liquidity for all multifamily market segments, at all times,” said Rob Levin<\/span>, Senior Vice President of Multifamily Customer Engagement, Fannie Mae. “We are very proud that we exceeded our 2020 mission goal and we look forward to working with our lenders in 2021.”<\/p>\n

Multifamily Affordable Housing volume rose more than 9 percent to $7.8 billion<\/span> last year from $7.2 billion<\/span> in 2019. \u00a0Structured Transactions volume totaled $11.6 billion<\/span>, up nearly 34 percent from $8.6 billion<\/span> in 2019, helping support multifamily affordable housing, particularly workforce housing. Our Manufactured Housing Communities financing program also helped support affordable housing, reaching a record $5.5 billion<\/span>, a 120 percent increase from $2.5 billion<\/span> in 2019.<\/p>\n

The following top 10 DUS Lenders produced the highest business volumes in 2020. Also listed below are the Top 5 Lender rankings for highest volumes in 2020 for Structured Transactions, Multifamily Affordable Housing, Small Loans, Manufactured Housing Communities, Green Financing, Student Housing, and Seniors Housing:<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n Top 10 Producers in 2020 <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Volume ($Billion)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 1.<\/span>\n <\/p>\n<\/td>\n

\n

\n Walker & Dunlop, LLC<\/span>\n <\/p>\n<\/td>\n

\n

\n $11.4<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 2.<\/span>\n <\/p>\n<\/td>\n

\n

\n CBRE Multifamily Capital, Inc.<\/span>\n <\/p>\n<\/td>\n

\n

\n $6.8<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 3.<\/span>\n <\/p>\n<\/td>\n

\n

\n Berkadia Commercial Mortgage, LLC<\/span>\n <\/p>\n<\/td>\n

\n

\n $6.7<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 4.<\/span>\n <\/p>\n<\/td>\n

\n

\n PGIM Real Estate<\/span>\n <\/p>\n<\/td>\n

\n

\n $5.2<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 5.<\/span>\n <\/p>\n<\/td>\n

\n

\n Newmark<\/span>\n <\/p>\n<\/td>\n

\n

\n $5.2<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 6.<\/span>\n <\/p>\n<\/td>\n

\n

\n Arbor Commercial Funding I, LLC<\/span>\n <\/p>\n<\/td>\n

\n

\n $4.8<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 7.<\/span>\n <\/p>\n<\/td>\n

\n

\n Wells Fargo Multifamily Capital<\/span>\n <\/p>\n<\/td>\n

\n

\n $4.7<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 8.<\/span>\n <\/p>\n<\/td>\n

\n

\n Greystone Servicing Company LLC<\/span>\n <\/p>\n<\/td>\n

\n

\n $4.7<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 9.<\/span>\n <\/p>\n<\/td>\n

\n

\n KeyBank National Association<\/span>\n <\/p>\n<\/td>\n

\n

\n $3.9<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 10.<\/span>\n <\/p>\n<\/td>\n

\n

\n Capital One, National Association<\/span>\n <\/p>\n<\/td>\n

\n

\n $3.8<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n Top 5 DUS Producers for Structured Transactions in 2020 <\/b>\n <\/p>\n

    \n
  1. Walker & Dunlop, LLC <\/li>\n
  2. Newmark <\/li>\n
  3. PGIM Real Estate <\/li>\n
  4. KeyBank National Association <\/li>\n
  5. Wells Fargo Multifamily Capital<\/li>\n<\/ol>\n

    \n Top 5 DUS Producers for Multifamily Affordable Housing in 2020 <\/b>\n <\/p>\n

      \n
    1. Wells Fargo Multifamily Capital <\/li>\n
    2. JLL Real Estate Capital, LLC <\/li>\n
    3. Walker & Dunlop, LLC <\/li>\n
    4. PGIM Real Estate <\/li>\n
    5. KeyBank National Association<\/li>\n<\/ol>\n

      \n Top 5 DUS Producers for Small Loans in 2020<\/b>
      \n 1<\/sup>\n <\/p>\n

        \n
      1. Arbor Commercial Funding I, LLC <\/li>\n
      2. Greystone Servicing Company LLC <\/li>\n
      3. Berkadia Commercial Mortgage, LLC <\/li>\n
      4. Walker & Dunlop, LLC <\/li>\n
      5. Lument Capital<\/li>\n<\/ol>\n

        \n Top 5 DUS Producers for Manufactured Housing Communities in 2020\u00a0<\/b>\n <\/p>\n

          \n
        1. Berkadia Commercial Mortgage, LLC <\/li>\n
        2. Walker & Dunlop, LLC <\/li>\n
        3. Wells Fargo Multifamily Capital <\/li>\n
        4. Bellwether Enterprise Real Estate Capital, LLC <\/li>\n
        5. PNC Real Estate<\/li>\n<\/ol>\n

          \n Top 5 DUS Producers for Green Financing in 2020<\/b>
          \n 2 <\/sup>\n <\/p>\n

            \n
          1. CBRE Multifamily Capital, Inc. <\/li>\n
          2. Walker & Dunlop, LLC <\/li>\n
          3. Greystone Servicing Company LLC <\/li>\n
          4. Berkadia Commercial Mortgage, LLC <\/li>\n
          5. PGIM Real Estate <\/li>\n<\/ol>\n

            \n Top 5 DUS Producers for Student Housing in 2020<\/b>\n <\/p>\n

              \n
            1. Walker & Dunlop, LLC <\/li>\n
            2. CBRE Multifamily Capital, Inc. <\/li>\n
            3. Berkadia Commercial Mortgage, LLC <\/li>\n
            4. KeyBank National Association <\/li>\n
            5. NorthMarq<\/li>\n<\/ol>\n

              \n Top 5 DUS Producers for Seniors Housing in 2020<\/b>\n <\/p>\n

                \n
              1. Newmark <\/li>\n
              2. KeyBank National Association <\/li>\n
              3. Greystone Servicing Company LLC <\/li>\n
              4. Lument Capital <\/li>\n
              5. PNC Real Estate<\/li>\n<\/ol>\n

                Listed below are 2020 production highlights for individual business categories, which are included in the total multifamily production number:<\/p>\n