NEW YORK CITY-CBRE’s Lender Forum, which the firm compiles from proprietary data from its debt and equity lending platform, indicates that non-agency lending is on the rise. Other data points indicate an ongoing shift in who is lending as well.

Greg Greene, senior VP, debt & equity finance, tells GlobeSt.com that “in 2009 and 2010 the percentage of our total business that was agency business was just so high.” Since then, agency business, just above 5% in 2007, has risen to a seasonally adjusted level of 32% for June 2011.

“That’s because the agencies continued to lend, multifamily was still very active, and other types of lending fell off pretty dramatically,” Greene says. Also notable in the data is the ever-increasing power of life insurance companies. The report shows that, during the first half of 2011, the agencies and life insurance companies accounted for the bulk of commercial and multi-family loan originations.