CrediFi: Germany Leads Foreign Banks Lending in NYC
The Editors Aug. 5, 2016, 4:33 p.m.
For Commercial Observer’s Global Markets finance issue, data provider CrediFi shared some stats on who the biggest international players were in the New York City commercial real estate debt market. Of the global lenders, Germany topped the list, originating 41.85 percent of debt backed by NYC properties since 2015—more than double China, which came in second at 14.23 percent. Fittingly, Deutsche Bank and Bank of China were the two most active foreign banks providing mortgages in the Big Apple, followed by Santander, Landesbank and HSBC.