Cbre Multifamily Capital Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 549300IBT3SCF2K09D58

Tax ID: 74-3240504

2020 Data | 2019 Data | 2018 Data


Overview

Cbre Multifamily Capital is a mid-sized mortgage company specializing in Refi and Home Purchase loans. Cbre Multifamily Capital has a high proportion of conventional loans. Their top markets include Phoenix, Denver, Portland, San Jose, and Tallahassee among others. They have an above average approval rate for mortages when compared nationally -- and they have an average pick rate when compared to the same sample of other lendors.


Originations

280

Origination Dollar Volume (All Markets)

$6,892,060,000

Relative Rate

Cbre Multifamily Capital 's average 30 year fixed rate mortgage was 3.61%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of 0.25%.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 280 $6,892,060,000 $24,614,500 $0 3.04%

For the 2020 period, Cbre Multifamily Capital 's most frequently originated loan type was Conventional, with 280 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 146 $3,176,500,000 $21,756,849 $0 3.00%
Home Purchase 117 $3,472,575,000 $29,680,128 $0 2.98%
Cash Out Refi 17 $242,985,000 $14,293,235 $0 3.75%

For the 2020, Cbre Multifamily Capital 's most frequently cited loan purpose was Refi, with 146 originations. The 2nd most popular reason was Home Purchase, with 117 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
10 Year 213 $5,928,205,000 $27,831,948 $0 2.88%
Other 47 $750,295,000 $15,963,723 $0 3.58%
15 Year 11 $136,825,000 $12,438,636 $0 3.40%
30 Year 7 $66,875,000 $9,553,571 $0 3.61%
20 Year 2 $9,860,000 $4,930,000 $0 3.52%

For the 2020, Cbre Multifamily Capital 's most frequently cited loan length was 10 Year, with 213 originations. The 2nd most popular length was Other, with 47 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
PHOENIX-MESA-CHANDLER, AZ 31 $831,385,000 $26,818,871 $0 3.28%
DENVER-AURORA-LAKEWOOD, CO 13 $554,635,000 $42,664,231 $0 2.89%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 10 $490,340,000 $49,034,000 $0 2.51%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 6 $483,680,000 $80,613,333 $0 2.96%
TALLAHASSEE, FL 4 $281,150,000 $70,287,500 $0 2.94%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 9 $271,535,000 $30,170,556 $0 3.12%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 10 $245,300,000 $24,530,000 $0 2.52%
DALLAS-PLANO-IRVING, TX 7 $194,875,000 $27,839,286 $0 3.22%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 6 $184,180,000 $30,696,667 $0 2.61%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 7 $178,725,000 $25,532,143 $0 3.04%
TUCSON, AZ 7 $148,815,000 $21,259,286 $0 3.36%
SALT LAKE CITY, UT 6 $140,990,000 $23,498,333 $0 3.11%
ANAHEIM-SANTA ANA-IRVINE, CA 3 $138,655,000 $46,218,333 $0 2.50%
SEATTLE-BELLEVUE-KENT, WA 5 $119,775,000 $23,955,000 $0 3.00%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 3 $100,305,000 $33,435,000 $0 2.76%
SAN ANTONIO-NEW BRAUNFELS, TX 10 $99,410,000 $9,941,000 $0 2.81%
BOSTON, MA 2 $97,870,000 $48,935,000 $0 2.81%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 2 $87,010,000 $43,505,000 $0 2.61%
Outside of Metro Areas 5 $83,035,000 $16,607,000 $0 3.29%
ORLANDO-KISSIMMEE-SANFORD, FL 3 $81,325,000 $27,108,333 $0 2.72%
PANAMA CITY, FL 2 $75,560,000 $37,780,000 $0 3.12%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 4 $67,640,000 $16,910,000 $0 3.15%
NAPLES-MARCO ISLAND, FL 2 $63,400,000 $31,700,000 $0 4.03%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 2 $62,730,000 $31,365,000 $0 2.69%
CAPE CORAL-FORT MYERS, FL 2 $62,010,000 $31,005,000 $0 2.38%
MEMPHIS, TN-MS-AR 2 $59,660,000 $29,830,000 $0 2.55%
OXNARD-THOUSAND OAKS-VENTURA, CA 1 $58,225,000 $58,225,000 $0 2.12%
COLORADO SPRINGS, CO 2 $55,210,000 $27,605,000 $0 3.14%
SALEM, OR 2 $55,170,000 $27,585,000 $0 2.63%
BALTIMORE-COLUMBIA-TOWSON, MD 1 $54,975,000 $54,975,000 $0 3.21%
RENO, NV 2 $53,520,000 $26,760,000 $0 3.25%
RALEIGH-CARY, NC 2 $51,810,000 $25,905,000 $0 2.95%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 3 $50,915,000 $16,971,667 $0 3.31%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 3 $50,795,000 $16,931,667 $0 2.82%
ALBUQUERQUE, NM 2 $49,590,000 $24,795,000 $0 2.63%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 3 $48,765,000 $16,255,000 $0 2.81%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 1 $47,025,000 $47,025,000 $0 2.55%
TACOMA-LAKEWOOD, WA 1 $46,805,000 $46,805,000 $0 3.30%
KNOXVILLE, TN 3 $45,075,000 $15,025,000 $0 3.44%
PHILADELPHIA, PA 7 $43,885,000 $6,269,286 $0 3.05%
CLARKSVILLE, TN-KY 5 $41,415,000 $8,283,000 $0 2.30%
KANSAS CITY, MO-KS 1 $40,305,000 $40,305,000 $0 2.80%
LOS ANGELES-LONG BEACH-GLENDALE, CA 8 $38,700,000 $4,837,500 $0 3.35%
AUBURN-OPELIKA, AL 1 $35,755,000 $35,755,000 $0 2.44%
DURHAM-CHAPEL HILL, NC 1 $34,905,000 $34,905,000 $0 2.99%
BRUNSWICK, GA 2 $32,180,000 $16,090,000 $0 3.26%
MACON-BIBB COUNTY, GA 1 $31,885,000 $31,885,000 $0 2.93%
PALM BAY-MELBOURNE-TITUSVILLE, FL 1 $30,755,000 $30,755,000 $0 3.15%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 1 $30,595,000 $30,595,000 $0 3.41%
RICHMOND, VA 1 $29,845,000 $29,845,000 $0 2.54%
CHARLESTON-NORTH CHARLESTON, SC 1 $29,505,000 $29,505,000 $0 3.34%
EL PASO, TX 3 $29,345,000 $9,781,667 $0 3.61%
VALLEJO, CA 1 $28,875,000 $28,875,000 $0 2.59%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 2 $28,480,000 $14,240,000 $0 3.82%
ROCHESTER, MN 1 $27,845,000 $27,845,000 $0 2.96%
JACKSONVILLE, FL 2 $25,410,000 $12,705,000 $0 3.69%
FRESNO, CA 2 $25,140,000 $12,570,000 $0 2.73%
CALIFORNIA-LEXINGTON PARK, MD 1 $23,525,000 $23,525,000 $0 2.65%
GREENSBORO-HIGH POINT, NC 3 $23,375,000 $7,791,667 $0 3.46%
GAINESVILLE, GA 2 $21,670,000 $10,835,000 $0 3.33%
WINSTON-SALEM, NC 1 $20,805,000 $20,805,000 $0 3.26%
ST. LOUIS, MO-IL 3 $20,425,000 $6,808,333 $0 3.29%
BEND, OR 1 $20,405,000 $20,405,000 $0 3.11%
SALISBURY, MD-DE 1 $20,025,000 $20,025,000 $0 2.86%
WICHITA, KS 1 $19,505,000 $19,505,000 $0 3.00%
BOISE CITY, ID 1 $18,655,000 $18,655,000 $0 2.88%
SALINAS, CA 2 $18,550,000 $9,275,000 $0 2.86%
GULFPORT-BILOXI, MS 1 $18,485,000 $18,485,000 $0 3.05%
STOCKTON, CA 1 $17,605,000 $17,605,000 $0 3.41%
OAKLAND-BERKELEY-LIVERMORE, CA 2 $17,110,000 $8,555,000 $0 3.01%
OGDEN-CLEARFIELD, UT 1 $16,325,000 $16,325,000 $0 2.82%
OLYMPIA-LACEY-TUMWATER, WA 1 $14,655,000 $14,655,000 $0 2.99%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 1 $14,605,000 $14,605,000 $0 2.38%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 1 $13,045,000 $13,045,000 $0 2.62%
FAYETTEVILLE, NC 1 $11,375,000 $11,375,000 $0 3.26%
LAS VEGAS-HENDERSON-PARADISE, NV 2 $10,970,000 $5,485,000 $0 3.84%
CHATTANOOGA, TN-GA 1 $9,625,000 $9,625,000 $0 2.85%
DETROIT-DEARBORN-LIVONIA, MI 2 $9,240,000 $4,620,000 $0 3.22%
CHICO, CA 1 $8,705,000 $8,705,000 $0 2.55%
NEW HAVEN-MILFORD, CT 3 $8,365,000 $2,788,333 $0 3.49%
SANTA MARIA-SANTA BARBARA, CA 1 $8,005,000 $8,005,000 $0 2.76%
ANN ARBOR, MI 1 $7,505,000 $7,505,000 $0 3.70%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 2 $7,110,000 $3,555,000 $0 3.34%
CHICAGO-NAPERVILLE-EVANSTON, IL 3 $6,465,000 $2,155,000 $0 3.29%
MIAMI-MIAMI BEACH-KENDALL, FL 1 $5,665,000 $5,665,000 $0 3.12%
MADERA, CA 1 $4,885,000 $4,885,000 $0 3.55%
PROVIDENCE-WARWICK, RI-MA 1 $4,235,000 $4,235,000 $0 4.25%
INDIANAPOLIS-CARMEL-ANDERSON, IN 1 $3,755,000 $3,755,000 $0 3.42%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 1 $3,005,000 $3,005,000 $0 3.35%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 1 $2,825,000 $2,825,000 $0 3.38%
CINCINNATI, OH-KY-IN 1 $1,755,000 $1,755,000 $0 3.92%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 1 $1,685,000 $1,685,000 $0 3.27%
BOULDER, CO 1 $1,415,000 $1,415,000 $0 3.46%

Cbre Multifamily Capital 's top markets include Phoenix, Denver, Portland, San Jose, and Tallahassee among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 121 $2,355,345,000 $19,465,661
2.5-3% 85 $2,392,555,000 $28,147,706
<2.5% 55 $2,057,245,000 $37,404,455
4-5% 18 $83,640,000 $4,646,667
5-6% 1 $3,275,000 $3,275,000

During 2020, Cbre Multifamily Capital 's average interest rate was 3.61%, while their most frequently originated rate bucket was 3-4%, with 121 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$1MM+ 278 $6,890,360,000 $24,785,468 $0 3.04%
$600k-1MM 2 $1,700,000 $850,000 $0 3.31%

2020 saw Cbre Multifamily Capital place emphasis on $1MM+ loans with 278 originations, totaling $6,890,360,000 in origination value.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
Not applicable 280 $6,892,060,000 $24,614,500 $0 3.04%

Approval Rates

Total approvals of all applications
98.25%

Cbre Multifamily Capital has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
94.20%

Cbre Multifamily Capital has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 280 $6,892,060,000 $24,614,500

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Multifamily:Site-Built 280 $6,892,060,000 $24,614,500

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 2 $7,960,000 $3,980,000 $0 3.31%
40-60% 63 $1,154,025,000 $18,317,857 $0 3.00%
60-80% 184 $5,393,770,000 $29,313,967 $0 2.97%
80-100% 8 $157,830,000 $19,728,750 $0 2.83%
Under 20% 23 $178,475,000 $7,759,783 $0 3.75%