The CRE finance firm map
This is an independent map of the firms that lend, invest, and arrange capital across commercial real estate finance. It organizes firms by what they do, what part of the capital stack they serve, and where they operate. It is not a ranking.
The directory is expanding first through middle-market lenders, debt funds, mortgage bankers and advisers, and regional firms where relationship fit drives execution.
The capital-market lanes
| Lane | What firms in this lane do |
|---|---|
| Bank and balance-sheet lenders | Commercial banks that hold loans on their own balance sheet, typically senior mortgage and term lending alongside broader banking relationships. |
| Life-company and institutional lenders | Insurance companies and institutional asset managers placing long-duration debt for their own or their clients' accounts. |
| Agency and government-backed multifamily lenders | Licensed originators executing multifamily loans through government-sponsored programs. |
| Alternative lenders and real estate debt funds | Private credit platforms and funds originating loans and buying real estate debt across the risk spectrum. |
| Mortgage REITs | Listed or non-traded vehicles holding real estate loans and debt securities. |
| Debt advisers, mortgage bankers, and capital-markets intermediaries | Firms that arrange, place, and advise on debt rather than holding it themselves. |
A firm can sit in more than one lane. Large platforms routinely lend on balance sheet, execute agency loans, and run separate debt-investment strategies at the same time, so the lanes describe activities rather than boxes.
Middle-market and private-credit lenders
A10 Capital: CRE finance profile
A10 Capital is a nationwide commercial real estate lender providing bridge and permanent financing with in-house servicing.
Coverage: commercial real estate financing nationwide. Product and property eligibility should be confirmed with the firm.
Peachtree Group Credit: CRE finance profile
Peachtree Group's credit platform is a direct lender across commercial real estate and specialized finance, with in-house underwriting, structuring, execution, and servicing.
Products include bridge, construction, mezzanine, preferred equity, C-PACE and net lease financing, with eligibility varying by program.
Ready Capital: CRE finance profile
Ready Capital is a multi-strategy real estate finance company focused on lower-to-middle-market investor and owner-occupied CRE loans.
Commercial bridge coverage is nationwide. Other products follow their own eligibility and coverage rules.
Institutional and broad-platform coverage
JPMorgan Chase: CRE finance profile
JPMorgan Chase provides commercial real estate financing and banking, including commercial term lending, multifamily financing, property-specific lending, and agency lending.
Property types: office, mixed-use, industrial, retail, and multifamily properties with five or more units. Geography: United States. Capital stack: primarily senior mortgage and term lending.
PGIM Real Estate: CRE finance profile
PGIM's real estate financing platform provides debt across commercial, multifamily, and agricultural real estate, with strategies spanning stabilized senior debt, transitional and value-add financing, mezzanine debt, preferred equity, and agency financing.
Property types: office, multifamily, retail, industrial and logistics, and agriculture. Geography: global platform. Capital stack: senior, subordinated and mezzanine debt, and preferred equity depending on strategy.
Blackstone Real Estate Debt Strategies: CRE finance profile
Blackstone Real Estate Debt Strategies originates loans and invests in real estate debt across the capital structure and risk spectrum, including global private and public real estate credit.
Scope: loan origination, real estate debt securities, structured solutions to financial institutions, and corporate credit. Geography: global. Capital stack: senior loans through structured and higher-yielding credit.
Walker & Dunlop: CRE finance profile
Walker & Dunlop arranges and provides commercial real estate finance, with major capabilities in multifamily, Fannie Mae, Freddie Mac, FHA/HUD, and broader capital markets.
Property types: multifamily as a core specialty, with other commercial property types as stated on the official pages. Geography: United States. Capital stack: primarily senior mortgage debt arranged or originated for third-party capital sources.
Greystone: CRE finance profile
Greystone provides commercial real estate finance across agency, government-backed, and private lending products, with a strong multifamily and healthcare focus.
Property types: multifamily, healthcare and seniors housing, plus other types stated on the official financing pages. Geography: United States. Capital stack: senior mortgage debt, with bridge, mezzanine and structured positions where the product applies.
Starwood Property Trust: CRE finance profile
Starwood Property Trust is a real estate finance company whose commercial lending business offers first mortgages, mezzanine and subordinate loans, bridge loans, preferred equity, and conduit first mortgage loans.
Property types: commercial property types as described on the official commercial lending page. Geography: markets described on the firm's current company and transaction pages. Capital stack: senior mortgage through subordinate debt and preferred equity.
Middle-market context
How middle-market CRE finance gets done covers the firms around a smaller transaction, why the market is hard to map, and the fit signals that decide which capital source is worth a conversation.
Find a warm path
Find the right warm path through CRE finance's trusted network.
Lemonana is a trusted networking platform. Relationship intelligence is the capability underneath: a map of the people, firms, and warm paths around an objective.