New York City’s Biggest Commercial Property Lender Revealed

Posted on 18 April, 2017 by admin

A German global banking and financial services company, Deutsche Bank, has become the largest commercial real estate lender in New York city for the first time in 2016.

Deutsche Bank is a global banking and financial services company from Germany. The company’s current Headquarters is at Deutsche Bank Twin Towers in Frankfurt.

The lender has expanded its lending to more than a third while competitors are slowing down, due to the increasingly strict inspection from regulators.


Deutsche Bank had previously been positioned fifth place in the rankings compiled by CrediFi.

The jump is believed to be due to its work with Donald Trump in his multiple developments around the city.

The company is also tied to other President Trump’s developments in different locations, such as the Trump National Doral, a golf complex located near Miami.

Despite the city’s commercial property market shrinking by nearly 20 per cent in 2016 to $82 billion, Deutsche Bank lent $5.9 billion, a 37 percent increase from the previous year.

Some of the transactions carried out by Deustche Bank included 85 10th Avenue, a previously used as a cookie factory, now home to the largest web search engine, Google.

Related Posts

Leave a Reply

Recent Posts

UK retail assets sold by St Mowden as retail market slows

Demand for retail space lowest in 9 years

UK Local Authorities spend 3.8bn on Commercial Property in the last 5 years.

Retail sector feeling positive in Northern Ireland

Brexit silver lining for warehouse builder Tritax

Tycoon plans £1bn landgrab with Network Rail bid

UK Commercial Property investments off to a strong start in 2018


Billions of Midlands investment to be showcased at MIPIM 2018

Northern Ireland Commercial Property boosts due to shopping centre sale


Edinburgh needs developments to act as incentive for investment


Spotify in £1.18bn copyright lawsuit

market cart and supermarket view and parking

Toys R Us UK Stores Facing Administration


Amazon and other online giants changing the game in UK commercial real estate


British Pubs face closing due to soaring business rates


Google new London HQ gets the go-ahead!


Significant Increase in Female Self-Employment