Berkadia Ranks #1 GSE and HUD Lender in 2023

January 25, 2024

Berkadia Named #1 Freddie Mac Lender, #2 Fannie Mae DUS Lender and #1 HUD Lender

NEW YORK, NY – January 25, 2024 – Berkadia was recognized as the #1 Freddie Mac Lender by Volume in 2023, making it Freddie Mac’s top partner for the third consecutive year, and the #2 Fannie Mae DUS Lender by Volume in 2023. On a combined basis, with both Freddie Mac and Fannie Mae (“the multifamily GSEs”), Berkadia delivered $11.89 billion in loans, making it the largest GSE lender in the country. Berkadia was also the #1 HUD Lender by Volume in 2023. This is the first time any firm has captured both titles.

“What an amazing accomplishment for our team and partnerships with Freddie Mac, Fannie Mae, and HUD to be the largest lender in the country,” said Berkadia EVP – Production and Capital Markets Hilary Provinse. “The liquidity that the GSEs and HUD provide to the multifamily housing market is most critical in challenging times, and when market demand spiked for GSE capital, Berkadia was the market’s number one choice. What an honor and reflection of our team’s capabilities.”

“I am incredibly proud to say that Berkadia Affordable Housing has achieved the ranking of #1 overall GSE and HUD Affordable Housing Lender,” said Berkadia Head of Affordable Housing David Leopold. “This accomplishment is a testament to our unwavering commitment to provide affordable housing solutions and make a meaningful contribution to our communities.”

In addition to being Freddie Mac’s #1 Lender by Volume in 2023 at $6.59 billion, Berkadia was recognized by Freddie Mac as the:

  • #1 Conventional Lender
  • #1 Facility Products Lender
  • #1 Low-Income Housing Lender
  • #1 Very Low-Income Housing Lender
  • #3 Targeted Affordable Housing Lender
  • #4 Manufactured Housing Communities Lender
  • #5 Small Balance Loans Lender

Berkadia was the #2 Fannie Mae DUS Lender by Volume in 2023 at $5.3 billion. In addition, Berkadia was recognized by Fannie Mae as the:

  • #1 Multifamily Affordable Housing Lender
  • #2 Green Financing Lender
  • #3 Manufactured Housing Communities Lender
  • #4 Small Loans Lender

Berkadia was the #1 HUD Lender by Volume in 2023 at $1.2 billion. In addition, HUD published data through year-end 2023 and Berkadia was the:

  • #1 Multifamily Lender
  • #1 New Construction Lender
  • #1 Multifamily Affordable Lender
  • #2 Multifamily Refinance Lender
  • #6 Healthcare Lender

Berkadia has made long-term investments in people and technology that allow us to offer our clients the best financing solutions in today’s challenging capital markets landscape. We are proud to be recognized and look forward to the year ahead.

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