Capital One Multifamily Finance placed fifth in total multifamily agency originations in 2014 with loans totaling $3.1 billion, according to recent announcements from Fannie Mae and Freddie Mac. This top five ranking marks the first full year since the former Beech Street Capital joined with Capital One Bank’s Commercial Real Estate Group to create a full-service multifamily provider.

“We’re proud of our multifamily team’s superb performance,” said Rick Lyon, Head of Commercial Real Estate Banking, Capital One Bank.  “This might have been a transitional year in other organizations, but our team remained dedicated to exceeding the expectations of our customers and they delivered outstanding results.”

Capital One Multifamily’s performance in 2014 also highlighted the breadth of its expertise.  The team closed $1.9 billion in loans with Fannie Mae and $1.2 billion in loans with Freddie Mac. “We’ve worked hard over the years to build bridges to both agencies,” said Grace Huebscher, President of Capital One Multifamily Finance.  Huebscher noted that the company’s agency relationships and its commitment to going the extra mile for customers help differentiate it from the competition, attract new business, and convert new clients into repeat customers. 

“We anticipate our strong results to continue in 2015,” Huebscher said.  “Regulatory uncertainty during the early part of 2014 affected agency participation; this year, the agencies have started off aggressively, with new programs and increased purchase caps. We’re well positioned to help our customers take advantage of this new environment.”

Fannie Mae also announced that Capital One ranked first for affordable housing loans in Fannie Mae’s DUS program.

Capital One Bank’s Commercial Real Estate Group provides financing in markets nationwide, offering a comprehensive array of solutions for property owners and developers, including balance sheet and agency lending, financing, underwriting, and treasury management.