Search
 

MetLife Commercial Lending Hit Nearly $10B In 2012

NEW YORK CITY-The company's focus on top-notch assets in major markets led to its strong performance.

By Rayna Katz | Updated on March 13, 2013

NEW YORK CITY-MetLife announced Wednesday that in 2012 it originated, through its real estate investments department, over $9.6 billion in commercial mortgage loans. The company says it continues to be the largest portfolio lender in the insurance industry, with $43.1 billion in commercial mortgages outstanding at year-end. A spokesman was unable to provide an estimate for MetLife’s lending activity in 2013 by press time.

In the announcement, MetLife Real Estate Investors global head revealed some secrets of the company’s success. “MetLife was a very active lender domestically and internationally in 2012 as we continued to focus on top quality properties in major markets,” says Robert Merck, global head of MetLife. “Our strategy for growth is based on prudent risk management and a long-term approach that enables us to execute quickly, process large transactions and provide our customers with world-class service.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.