Freddie Mac Optigo Multifamily Lending

Top Optigo Lender Rankings

$77.6B

Total Optigo Volume (2025)

25+

Approved Lenders

8 Years

Of Rankings Data (2018-2025)

Category Leaders

Freddie Mac awards category designations annually. These reflect top Optigo lender performance by product type.

YearCategoryLender
2025OverallBerkadia
ConventionalBerkadia
TAHJLL
SBLCBRE
SeniorsBerkadia
StudentWells Fargo
MHCNewmark
2024OverallBerkadia
ConventionalJLL
TAHBerkadia
SBLCBRE
SeniorsWells Fargo
StudentNewmark
MHCPGIM
2023OverallBerkadia
ConventionalBerkadia
TAHMerchants Capital
SBLCBRE
SeniorsGrandbridge
StudentWalker & Dunlop
MHCJLL
2022OverallBerkadia
ConventionalBerkadia
TAHBerkadia
SBLCBRE

Historical Top 10 Volume Rankings

Per-lender volume data published by Freddie Mac for 2018, 2020, and 2021.

#LenderVolume
1Berkadia$10.5B
2CBRE Capital Markets Inc.$9.2B
3JLL Real Estate Capital, LLC$7.2B
4Walker & Dunlop LLC$6.3B
5Capital One Commercial Real Estate$4.8B
6Newmark$4.6B
7KeyBank National Association$3.4B
8Wells Fargo Multifamily Capital$3.2B
9Greystone$3.1B
10PGIM Real Estate$2.8B

Showing 2021 rankings. Volume data reflects top 10 Optigo lenders only.

Top 10 Origination Volume by Year

$0B$17B$34B$51B$68B18$54.0B20$67.7B21$55.1B

Freddie Mac Multifamily funded $77.6B in multifamily loans in 2025 through its Optigo seller/servicer network. Berkadia has been the top overall Optigo lender for four consecutive years (2022-2025). Per-lender production volumes were last published for 2021, when the top 10 lenders originated $55.1B.

Data Notes

Rankings and volumes represent Optigo seller/servicer production as reported by Freddie Mac in annual top lender announcements. Per-lender volume data is available for 2018, 2020, and 2021. Other years show category leaders only.

Category leader designations are awarded by Freddie Mac annually across product types: Conventional, Targeted Affordable Housing (TAH), Small Balance Loans (SBL), Seniors Housing, Student Housing, and Manufactured Housing Communities (MHC).

Total Freddie Mac multifamily originations may differ from the sum of tracked top 10 lender volumes. Aggregate totals from press releases include all Optigo production, not just the top 10.