The following rankings, originally published in May, are based on responses to NREI's Top Lender Survey. They reflect total dollars financed or arranged in commercial real estate in 2010. The first list includes firms financing direct loans, credit lines, CMBS and other forms of direct investment to the industry. The second list ranks financial intermediaries that arranged financing in 2010.

With this update, Wells Fargo has been removed from the intermediaries list. That's because Eastdil Secured LLC, a wholly owned subsidiary of Wells Fargo & Co., already appears on the intermediaries list. HFF remains the No. 1 intermediary with arranged debt, structured finance and loan sales totaling $11.9 billion in 2010. However, the No. 2 financial intermediary, CBRE Capital Markets, did not include loan sales in its figures. Had it done so, CBRE Capital Markets would have edged out HFF as the No. 1 intermediary.

Because HFF has always included loan sales in its figures and because the survey form did not ask respondents to exclude loan sales, NREI thought it only fair to keep the current rankings intact and address the loan sales issue in future surveys.

  1. Wells Fargo

    Financed in 2010: $36.9 billion

    420 Montgomery St.

    San Francisco, CA 94104

    Website: www.wellsfargo.com/realestate

  2. Prudential Mortgage Capital Co.

    Financed in 2010: $8.81 billion

    Four Gateway Center

    Newark, NJ 07102

    Phone: (888) 263-6800

    Website: www.prumortgagecapital.com

  3. Deutsche Bank Commercial Real Estate

    Financed in 2010: $8.8 billion

    60 Wall St.

    New York, NY 10005

    Phone: (212) 250-2500

    Website: www.db.com/cre

  4. MetLife Real Estate Investments

    Financed in 2010: $8.4 billion

    10 Park Ave.

    Morristown, NJ 07960

    Phone: (973) 355-4000

    Website: www.metlife.com/realestate

  5. PNC Real Estate

    Financed in 2010: $4.4 billion

    249 Fifth Ave.

    Pittsburgh, PA 15222

    Phone: (877) 762-7775

    Website: www.pnc.com/realestate

  6. CBRE Capital Markets

    Financed in 2010: $4.2 billion

    2800 Post Oak Blvd., Suite 2100

    Houston, TX 77056

    Phone: (713) 787-1900

    Website: www.cbre.com/capitalmarkets

  7. Berkadia Commercial Mortgage

    Financed in 2010: $4.1 billion

    118 Welsh Road

    Horsham, PA 19044

    Phone: (800) 446-2226

    Website: www.berkadia.com

  8. Northwestern Mutual

    Financed in 2010: $3.5 billion

    720 E. Wisconsin Ave.

    Milwaukee, WI 53202

    Phone: (414) 665-1444

    Website: northwesternmutualrealestate.com

  9. CWCapital

    Financed in 2010: $2.8 billion

    63 Kendrick St., One Charles River Place

    Needham, MA 02494

    Phone: (781) 707-9300

    Website: www.cwcapital.com

  10. Strategic Alliance Mortgage (SAM)

    Financed in 2010: $2.7 billion

    7100 E. Pleasant Valley, Suite 350

    Cleveland, Ohio 44131

    Phone: (216) 328-9700

    Website: www.samalliance.com

  11. KeyBank Real Estate Capital

    Financed in 2010: $2.2 billion

    127 Public Square

    Cleveland, OH 44114

    Phone: (888) 539-2221

    Website: key.com/rec

  12. NorthMarq Capital

    Financed in 2010: $2.1 billion

    3500 American Boulevard West, Suite 500

    Bloomington, MN 55431

    Phone: (952) 356-0100

    Website: www.northmarq.com

  13. Natixis Real Estate Capital LLC

    Financed in 2010: $2.06 billion

    9 West 57th St., 36th Floor

    New York, NY 10019

    Phone: (212) 891-5700

    Website: www.re.natixis.com

  14. Red Mortgage Capital LLC

    Financed in 2010: $2 billion

    Two Miranova Place, 12th Floor

    Columbus, OH 43215

    Phone: (800) 837-5100

    Website: www.redcapitalgroup.com

  15. M&T Realty Capital Corp.

    Financed in 2010: $1.6 billion

    25 South Charles St., 17th Floor

    Baltimore, MD 21201

    Phone: (800) 737-2344

    Website: www.mandtrealtycapital.com

  16. Grandbridge Real Estate Capital

    Financed in 2010: $1.49 billion

    227 W. Trade St., Suite 400

    Charlotte, NC 28202

    Phone: (704) 332-4454

    Website: www.gbrecap.com

  17. Principal Real Estate Investors

    Financed in 2010: $1.48 billion

    801 Grand Ave.

    Des Moines, IA 50392

    Phone: (800) 533-1390

    Website: www.principalglobal.com

  18. Centerline Capital Group

    Financed in 2010: $800 million

    625 Madison Ave.

    New York, NY 10022

    Phone: (212) 317-5700

    Website: www.centerline.com

  19. TIAA-CREF

    Financed in 2010: $747 million

    730 Third Ave.

    New York, NY 11762

    Phone: (800) 842-2252

    Website: www.tiaa-cref.org

  20. Alliant Capital

    Financed in 2010: $506 million

    4746 11th Ave. NE, Suite 102

    Seattle, WA 98105

    Phone: (800) 522-6865

    Website: www.thealliantcompany.com