National CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
JPMorgan Chase Claims Top CMBS Loan Spot H1 2018
JPMorgan Chase Bank led a total of 26 lenders contributing to CMBS transactions during the first half of the year, up slightly from 25 in H1 2017. The large number of single-borrower issuer deals boosted the average size of loans to $32.5 million, a 13% increase.
Chase contributed 81 loans with a balance of $5.8 billion to 18 deals, representing a 14.6% market share. The banking giant contributed 72 notes totaling $2 billion to six conduits, and nine loans with a combined balance of $3.8 billion to nine single-borrower deals
Deutsche Bank’s 97 loans totaling $5.5 billion ranked No. 2 among loan contributors, with a 12.8% share of all loans to CMBS deals. Goldman Sachs was third with 43 loans totaling $3.9 billion in CMBS deals.
Interestingly, H1 2018 conduit loan average size decreased to $18.4 million, versus $18.8 million in the same period last year.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing




