Bank of America, N.A. combines a large balance sheet, a broad branch network and a CRE portfolio that ranks among the largest in the country. The FDIC reported $2.65 trillion in total assets, $1.21 trillion in total loans and $79.9 billion in commercial real estate loans as of June 30, 2026. CRE represented 6.6% of total loans. That relatively modest share indicates that real estate is one part of a highly diversified lending operation, even though the absolute CRE balance is substantial. The bank operates 3598 domestic offices and has branches in 39 states, giving borrowers access to an institution with a wide geographic presence.
The portfolio spans investor properties, owner occupied real estate, construction and land, and multifamily loans. Bank of America says its corporate CRE team supports sophisticated local, multi-property and national investments across retail, office, industrial, multifamily and real estate investment trusts. It separately offers owner-occupied business real estate financing for purchases, refinancing, facility expansion or remodeling, and borrowing against equity in property owned free and clear. Publicly announced transactions also show participation in large construction loans, refinancings and CMBS executions. These capabilities make the bank most relevant to established businesses, institutional sponsors and property owners whose financing needs fit a large national banking platform.
Bank of America holds a large and diversified CRE book
Bank of America held $79.9 billion of CRE loans as of June 30, 2026, placing it 3 of 4,167 banks nationally. It ranked 1 of 37 banks headquartered in North Carolina. Investor nonfarm nonresidential loans formed the largest category at $37.1 billion and 46.4% of the CRE portfolio, with a national segment rank of 3. Owner occupied loans were the next largest category at $24.7 billion and 30.9%, ranking 1 nationally in that segment. Together, these balances show that the portfolio is oriented primarily toward income-producing commercial properties and real estate used by operating businesses. Borrowers should still treat these holdings as evidence of historical lending activity, not as a commitment to finance any particular property or transaction.
Construction and land loans totaled $9.7 billion, representing 12.1% of CRE loans and ranking 3 nationally in the segment. Multifamily loans totaled $8.5 billion, or 10.6%, with a national segment rank of 10. The mix indicates meaningful activity across each major FDIC CRE category, but multifamily is a smaller component than investor nonfarm nonresidential or owner occupied lending. CRE represented 6.6% of the bank’s $1.21 trillion loan portfolio, while investor CRE equaled 0.23x equity. These measures place the $79.9 billion CRE book within a much larger and more diversified institution. They do not establish current underwriting standards, pricing, leverage or loan availability, which depend on the bank’s assessment of a borrower and transaction.
| Segment | Loans ($M) | Share of CRE | National rank |
|---|---|---|---|
| Construction and land | $9,681 | 12.1% | #3 |
| Multifamily | $8,465 | 10.6% | #10 |
| Owner occupied | $24,700 | 30.9% | #1 |
| Investor nonfarm nonresidential | $37,060 | 46.4% | #3 |
Source: FDIC Call Report as of June 30, 2026, schedule RC-C. FDIC record for Bank of America, N.A..
Want terms from Bank of America and the banks that compete with it?
Tell BestCRE about the property, the loan amount and the timeline. We package the request and bring back terms from banks, debt funds, life companies, CMBS, agency and SBA lenders.
Tell Us About Your DealSee the Best CRE Lenders rankingCRE balances have risen since 2021 without dominating total lending
At each June 30 reporting date, Bank of America’s CRE balance was $73.3 billion in 2021, $73.8 billion in 2022 and $78.5 billion in 2023. It then declined to $76.9 billion in 2024 and $75.3 billion in 2025 before rising to $79.9 billion in 2026. The latest balance was up +6.1% year over year and +9.0% since June 2021. The path shows expansion over the full period, interrupted by consecutive annual declines before the 2026 increase. At 6.6% of total loans, CRE remains a limited share of the overall loan book. Investor CRE to equity was 0.23x, another useful measure of concentration at the institution level.
| June 30 | Total CRE loans ($M) | Change |
|---|---|---|
| 2021 | $73,275 | |
| 2022 | $73,771 | +0.7% |
| 2023 | $78,451 | +6.3% |
| 2024 | $76,898 | -2.0% |
| 2025 | $75,281 | -2.1% |
| 2026 | $79,906 | +6.1% |
Recent financings show capacity for large and complex transactions
Press reports identify Bank of America in several substantial financings. In 2026, these included a $2.05 billion refinancing of three QTS multi-tenant data center campuses for Blackstone, a $245 million refinancing of 1105 West Peachtree for Selig Enterprises and Florida SBA, and a $1.6 billion construction loan for Related Companies and Oxford Properties Group at 70 Hudson Yards. The press also reported a refinancing of 30 Hudson Yards for Related Companies, without disclosing an amount. In 2025, reported transactions included the $2.85 billion refinancing of The Spiral, the $1.5 billion refinancing of the MetLife Building and the $1.13 billion refinancing of 3 Bryant Park. These announcements illustrate transaction experience but do not establish standard loan sizes or future credit appetite.
Other reported financings covered a $195 million hotel construction loan in Inglewood, a $465 million Boston refinancing, a $43 million luxury residential construction loan in Miami and a $425 million mixed-use construction loan in Frisco. Bank of America’s CRE banking team originated $24 billion during 2025, while its CMBS team originated $10.6 billion, including $8.4 billion of single-asset, single-borrower loans, according to the press. The bank also says its Community Development Banking group financed 87 developments representing more than 11,000 affordable units during 2025. This stated and reported activity points to capabilities across corporate CRE, securitized lending, owner occupied property and affordable housing.
| Date | Property | Location | Type | Amount | Source |
|---|---|---|---|---|---|
| 2026-09 | 30 Hudson Yards office tower | New York, NY | refinance | theamericandeveloper.com | |
| 2026-02 | Three QTS multi-tenant data center campuses | Chicago, IL; Manassas, VA; Suwanee, GA | refinance | $2.05 billion | commercialobserver.com |
| 2026-01 | 1105 West Peachtree Class A office tower | Atlanta, GA | refinance | $245 million | metroatlantaceo.com |
| 2026-01 | 70 Hudson Yards office development | New York, NY | construction | $1.6 billion | bisnow.com |
| 2025-12 | Kali Hotel and Rooftop at Hollywood Park | Inglewood, CA | construction | $195 million | commercialobserver.com |
| 2025-10 | 100 Causeway Street at The Hub on Causeway | Boston, MA | refinance | $465 million | therealdeal.com |
| 2025-09 | Luxury residential development at 1000 NE 72nd Terrace | Miami, FL | construction | $43 million | traded.co |
| 2025-07 | Fields West mixed-use development | Frisco, TX | construction | $425 million | fieldsfrisco.com |
| 2025-05 | One Congress office tower | Boston, MA | refinance | $650 million | commercialobserver.com |
| 2025-02 | 3 Bryant Park office tower at 1095 Sixth Avenue | New York, NY | refinance | $1.13 billion | therealdeal.com |
| 2025-02 | MetLife Building at 200 Park Avenue | New York, NY | refinance | $1.5 billion | connectcre.com |
| 2025-01 | The Spiral office tower at 66 Hudson Boulevard | New York, NY | refinance | $2.85 billion | commercialobserver.com |
Financings publicly announced by the bank, its borrowers or their advisors, as reported by the linked source. Not a complete record of the bank’s lending.
A broad footprint favors established borrowers with substantial needs
Bank of America has branches in 39 states, with particularly large networks in California, Florida and Texas. California had 686 branches and $452.5 billion of deposits, Florida had 414 branches and $170.3 billion, and Texas had 313 branches and $199.8 billion. Other major markets included New York with 251 branches and $127.5 billion, New Jersey with 179 branches and $73.4 billion, Massachusetts with 146 branches and $100.4 billion, Georgia with 130 branches and $55.9 billion, and North Carolina with 109 branches and $304.7 billion. Branch presence does not prove CRE lending availability in every market, but it shows extensive operating coverage in several major commercial property states.
The bank’s $79.9 billion CRE portfolio sits below Wells Fargo Bank, N.A. at $121.6 billion and above Truist Bank at $51.0 billion, U.S. Bank, N.A. at $50.7 billion and PNC Bank, N.A. at $47.1 billion. Bank of America is likely to merit consideration from sophisticated local sponsors, national property owners, multi-property investors and established operating businesses seeking owner occupied financing. Its announced transactions also make it relevant for borrowers pursuing large construction, refinancing or CMBS executions. Fit cannot be determined from portfolio balances alone, however. Borrowers still need direct confirmation of property eligibility, market appetite, structure, pricing and underwriting requirements.
| State | Branches | Deposits ($M) |
|---|---|---|
| California | 686 | $452,511 |
| North Carolina | 109 | $304,652 |
| Texas | 313 | $199,803 |
| Florida | 414 | $170,340 |
| New York | 251 | $127,455 |
| Massachusetts | 146 | $100,445 |
| New Jersey | 179 | $73,375 |
| Georgia | 130 | $55,882 |
Peer banks with a similar CRE book
| Bank | Headquarters | Total CRE loans ($M) | Change, 1 year |
|---|---|---|---|
| Truist Bank | Charlotte, NC | $51,018 | +4.9% |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $121,623 | +0.3% |
| U.S. Bank, N.A. | Cincinnati, OH | $50,718 | +10.2% |
| PNC Bank, N.A. | Wilmington, DE | $47,133 | +14.3% |
Frequently Asked Questions
Does Bank of America make commercial real estate loans?
Yes. Bank of America held $79.9 billion of commercial real estate loans as of June 30, 2026. The bank says its corporate CRE team supports sophisticated local, multi-property and national investments across retail, office, industrial, multifamily and real estate investment trusts. It also offers owner-occupied business real estate financing for property purchases, refinancing, expansion, remodeling and borrowing against equity in property owned free and clear. Availability and terms remain subject to the bank’s review of each borrower and transaction.
How large is Bank of America’s commercial real estate portfolio?
Bank of America’s CRE portfolio totaled $79.9 billion as of June 30, 2026. That ranked 3 of 4,167 banks nationally and 1 of 37 banks headquartered in North Carolina. CRE accounted for 6.6% of the bank’s $1.21 trillion in total loans. Investor nonfarm nonresidential loans were the largest CRE segment at $37.1 billion, followed by $24.7 billion of owner occupied loans, $9.7 billion of construction and land loans, and $8.5 billion of multifamily loans.
Does Bank of America finance construction projects?
Yes. Construction and land loans totaled $9.7 billion, or 12.1% of Bank of America’s CRE portfolio, as of June 30, 2026. Press reports identified the bank in a $1.6 billion construction loan for 70 Hudson Yards, a $425 million construction loan for Fields West, a $195 million hotel construction loan at Hollywood Park and a $43 million luxury residential construction loan in Miami. These transactions demonstrate experience but do not define minimum loan amounts, leverage or current approval standards.
Does Bank of America finance owner occupied commercial property?
Yes. Bank of America says it offers financing to purchase or refinance owner-occupied business property, expand or remodel facilities, or borrow against equity in property owned free and clear. The FDIC reported $24.7 billion of owner occupied CRE loans as of June 30, 2026, equal to 30.9% of the bank’s CRE portfolio. Bank of America ranked 1 nationally in this segment. Borrowers should ask the bank directly about current eligibility, collateral, pricing and underwriting requirements for their specific property.
Is Bank of America reducing its exposure to troubled office loans?
Yes, according to the bank’s filings. Criticized office exposure fell 32 percent during 2025 to $3.5 billion, then declined another 10 percent to $3.1 billion at March 31, 2026. Office loans declined 17 percent to $12.45 billion at December 31, 2025. CRE net charge-offs declined to $491 million, driven by improvement in office loans. Nonperforming CRE loans also declined from $1.964 billion at June 30, 2025 to $1.068 billion at June 30, 2026.
Related BestCRE lender research
BestCRE lender profiles are editorially independent and built from public regulatory filings and public announcements; no bank pays for a profile. Call report figures describe loans held on the bank’s balance sheet and do not show current terms or appetite. BestCRE is not a lender and is not affiliated with Bank of America. See our Legal Disclaimer and Compensation Disclosure.