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MetLife Investment Management Sets Company Record for CRE AUM 

MetLife Investment Management (MIM), the institutional asset management business of MetLife, said Wednesday it had completed $18.6 billion in new commercial real estate debt and equity transactions in 2021. MIM’s gross market value of commercial real estate assets under management (AUM) grew to $109.8 billion as of Dec. 31, 2021, a reported record for MIM.  

“This outstanding performance is a testament to the strength of our platform, the experience and agility of our team, and our commitment to performance through cycles,” said Robert Merck, global head of real estate for MIM. “We look forward to building on this momentum in 2022.” 

MIM’s commercial mortgage team originated 235 transactions in 2021, a company record, totaling more than $15.3 billion in capital provided in support of institutional real estate investors globally. These transactions involved traditional property types, as well as alternative classes including life science, self-storage, student housing, and manufactured housing. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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