For three consecutive years now, Wells Fargo & Co. has been ranked as the biggest servicer of commercial real estate loans. Its dominance in the sector was made possible through an acquisition more than three years ago. The ranking was released from an annual commercial mortgage convention.
The San Francisco-based company landed the top spot despite that its CRE servicing portfolio dropped 3 percent from the end of 2010.
Next on the 2011 list was PNC Real Estate / Midland Loan Services.
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