HUD lender profile
CBRE HMF, Inc.: HUD multifamily lending record
HUD insured 41 multifamily loans with CBRE HMF as lender in FY2022-FY2026, for $936 million and 5,941 units. That is 1.5% of all HUD multifamily dollars in those years and #19 among lenders.
- HUD files it as CBRE HMF INC
- MAP On HUD's MAP lender list as of September 16, 2026
- Endorsement data run October 8, 2026
What the numbers say
In FY2026 it closed 7 HUD loans for $205 million, up 17% from FY2025 and ranking #22 among HUD multifamily lenders that year.
NC/SR was its largest program at 49% of five-year dollars, followed by 223(f) at 49%.
It lent in 19 states; California was the largest at 12% of dollars.
Its median loan was $14.3 million, close to the $14.3 million median for all HUD multifamily endorsements in the same years.
On 223(f) loans, the median time from firm commitment to initial endorsement was 74 days (26 loans), against 87 days for all lenders, 13 days faster.
12 of its 41 loans (29%) carried low-income housing tax credits, against 32% across all HUD multifamily endorsements.
HUD volume by fiscal year
- 223(f)
- New construction / sub rehab
- Other programs
| FY | Loans | Dollars | 223(f) | NC/SR | Rank | |
|---|---|---|---|---|---|---|
| FY2026 | 7 | $205M | 4 | 3 | #22 | |
| FY2025 | 6 | $175M | 0 | 6 | #18 | |
| FY2024 | 4 | $26.8M | 2 | 2 | #41 | |
| FY2023 | 5 | $104M | 5 | 0 | #22 | |
| FY2022 | 19 | $425M | 15 | 3 | #16 | |
| FY2021 | 27 | $435M | 11 | 2 | #20 | |
| FY2020 | 22 | $647M | 8 | 6 | #8 | |
| FY2019 | 17 | $434M | 11 | 6 | #8 | |
| FY2018 | 21 | $505M | 14 | 5 | #11 | |
| FY2017 | 14 | $328M | 7 | 5 | #13 | |
| Since FY2009 | 247 | $4.87B | ||||
Program columns count loans. Rank is by dollars among all HUD multifamily lenders that fiscal year.
Program mix, FY2022-FY2026
| Program | Loans | Dollars | Median loan |
|---|---|---|---|
| New construction or substantial rehab (221(d)(4), 220, 231, 213) | 14 | $456M | $20.8M |
| 223(f) purchase or refinance | 26 | $456M | $13.9M |
| 223(a)(7) streamlined refinance | 1 | $23.9M | $23.9M |
Where it lends
| State | Loans | Dollars |
|---|---|---|
| California | 6 | $108M |
| Florida | 5 | $125M |
| Texas | 4 | $142M |
| Missouri | 4 | $110M |
| Virginia | 3 | $21.0M |
| Washington | 2 | $24.8M |
| Colorado | 2 | $14.2M |
| Pennsylvania | 2 | $49.4M |
| Utah | 2 | $96.0M |
| North Carolina | 2 | $28.6M |
| New Mexico | 1 | $3.5M |
| South Carolina | 1 | $88.7M |
Firm commitment to closing
Days from the firm commitment date HUD records to initial endorsement, for this lender's FY2022-FY2026 loans. This is the last stretch of a HUD deal, after underwriting is done; it is not the whole timeline from application.
- All its loans with both dates (41)
- 81 days median
- Middle half of its loans
- 63-102 days
- 223(f) (26 loans)
- 74 days
- NC/SR (14 loans)
- 84 days
- All lenders, FHA programs, FY2022-FY2026
- 91 days
Most recent HUD endorsements
| Endorsed | Property | Program | Loan |
|---|---|---|---|
| 2026-08-31 | Vacaville Gables · CA | NC/SR | $11.4M |
| 2026-08-27 | Grandview Apartments · NM | 223(f) | $3.5M |
| 2026-07-30 | Miami Gardens Park Apartments · FL | 223(f) | $15.2M |
| 2026-04-20 | Residences at Metropark · TX | NC/SR | $77.5M |
| 2026-02-18 | Merritt Manor · WA | 223(f) | $17.6M |
| 2025-12-23 | Vista Hills Apartments · FL | NC/SR | $75.9M |
| 2025-10-08 | Terraces on Pennsylvania · CO | 223(f) | $4.0M |
| 2025-09-16 | 2222 Main View Apartments · SC | NC/SR | $88.7M |
| 2025-03-20 | Westdale Pipeline · TX | NC/SR | $21.8M |
| 2025-02-26 | University Hills Rowhomes · CO | NC/SR | $10.3M |
| 2024-11-26 | Cardinal Village Apartments · FL | NC/SR | $11.3M |
| 2024-11-19 | Westdale Woodgate · TX | NC/SR | $23.3M |
Largest loans, FY2022-FY2026
| Property | Program | Loan |
|---|---|---|
| 2222 Main View Apartments · SC | NC/SR | $88.7M |
| Residences at Metropark · TX | NC/SR | $77.5M |
| Vista Hills Apartments · FL | NC/SR | $75.9M |
| Outlook Apartment Homes · UT | 223(f) | $51.6M |
| Sage Phase II · AZ | NC/SR | $47.6M |
| Sherman Hills Apartments · PA | NC/SR | $45.2M |
| Aldara Apartment Homes · UT | 223(f) | $44.4M |
| Villages of Twin Oaks · MO | 223(f) | $43.9M |
Its HUD servicing book today
HUD's active insured mortgage file (as of September 30, 2026) lists CBRE HMF, Inc. as servicer on 142 apartment loans with $2.66 billion of balance and 22,400 units. The median note rate on that book is 3.38%. 107 of the loans carry a rate under 4%. HUD lists the same name as holder of 142 loans.
- 223(f)
- 77 loans
- 221(d)(4)
- 36 loans
- 223(a)(7)
- 26 loans
- Other
- 3 loans
Largest servicing states: California (28), Florida (15), Washington (15), Texas (10), Maryland (7), Missouri (6).
Compare it with the rest of the market in the HUD lender league table, see what recent loans closed at on HUD rates, or read how the 223(f) and 221(d)(4) programs work.
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