News
WHO SAYS FOREIGNERS DON'T LIKE US?
February 6, 2012
 |
| Off-Market Radar's Brian McCarthy tells us 50 mortgage lenders pumped money into Manhattan CRE last month, and 10% of them were from outside the country (this is for deals over $2M). That means primary-market investors shopping for the best terms need to browse among both domestic and international lenders. Brian, whose Florida firm just opened a New York office, says 127 mortgages totaling $2.4B were originated in Manhattan in December. The most active lenders:By # of loans 1. Wells Fargo 2. US Bank 3. Bank of America, Shanghai Commercial Bank, and Signature Bank By $ volume 1. US Bank 2. MetLife 3. Bank of America 4. New York State Housing Finance Agency 5. CIBC (that first 'C' stands for Canadian) |
