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Thank you for your partnership!

Because of you, we made home possible for 552,695 renter households nationwide in 2024.

Top Lenders by Volume

$7.2 billion

#1

$7.1 billion

#2

$6.5 billion

#3

$5.4 billion

#4

$3.9 billion

#5

$3.8 billion

#6

$3.2 billion

#7

$3.0 billion

#8

$2.8 billion

#9

$2.6 billion

#10

Thank you to all our top lenders for their extraordinary partnership in financing rental homes nationwide.

With your partnership this year, we financed more than half a million rental units — hitting record volume for rent-restricted affordable housing. Thank you to our top lenders and all of you who helped us deliver. I’m proud we’ve now topped $1 trillion in Multifamily financing! Here’s to 2025 and beyond!

Steve Johnson

Senior Vice President of Production & Sales

Top Lenders by Business

Conventional

  1. JLL
  2. CBRE
  3. Berkadia
  4. Walker & Dunlop
  5. Newmark

Targeted Affordable

  1. Berkadia
  2. Merchants Capital
  3. KeyBank
  4. JLL
  5. Walker & Dunlop

Small Balance Loans

  1. CBRE
  2. Lument
  3. Regions Bank
  4. Berkadia
  5. Ready Capital

Seniors Housing

  1. Wells Fargo
  2. Berkadia
  3. JLL
  4. M&T Realty Capital
  5. Newmark

Student Housing

  1. Newmark
  2. Walker & Dunlop
  3. Wells Fargo
  4. JLL
  5. Capital One

MHC

  1. PGIM
  2. KeyBank
  3. Bellwether
  4. Berkadia
  5. Capital One

Mission Makers

Top Lender of Low-Income Housing

Top Lender of Very Low-Income Housing

Top Lender of Low-Income

Housing (5 – 50 units)

Top Lender of Structured Products

Top Lender of Workforce Housing Rent Preservation

Thank you to the Mission Makers who went above and beyond in 2024.

Top Lender of Facility 
Products

Top Lender of Forward
Rate-Locks

Top LIHTC Syndicator of Rural Duty-to-Serve

Your Impact by the Numbers

553K

rental units financed in 2024

93%

of apartments financed in 2024 are affordable to moderate- and low-income renters

$17B

in 2024 financed nearly 133,000 
rent-restricted affordable units

$1B

Low-Income Housing Tax-Credit equity investments helped provide affordable housing where it’s needed most

34K

affordable workforce housing units preserved or created

$2.8B

in forward commitments fueled the preservation and creation of new affordable housing

13.7M

rental units financed since 1993

$1T

in rental funding since 1993

8.8M

affordable rental units financed since 2010

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