Category: CRE Financing & Lending

Western Alliance Bank combines a sizable national CRE portfolio with a relatively compact branch network. Established in 2003 and headquartered in Phoenix, Arizona, the bank reported $98.6 billion in total assets and $65.6 billion in total loans as of June 30, 2026. Its $15.8 billion CRE book represented 24.1% of total loans. That scale places Western Alliance among the larger CRE lenders in the country, although borrowers should distinguish portfolio size from future credit appetite. The FDIC figures describe loans held by the bank, while current underwriting, property preferences and transaction terms remain subject to the bank’s review.

The portfolio is concentrated in investor nonfarm nonresidential property and construction and land loans rather than multifamily or owner occupied real estate. Western Alliance also describes a broad product scope covering acquisition and development term financing, construction loans, bridge financing, asset repositioning loans and CAPEX lines. Its stated property coverage includes industrial, hospitality, mixed-use, multifamily, office, retail, residential and charter-school assets. Recent announcements show activity in affordable housing, conventional multifamily, build-to-rent communities, hotel renovation and transitional commercial real estate lending. For borrowers, the clearest fit is a transaction requiring an experienced CRE platform with capacity for development, repositioning or institutional financing.

Western Alliance holds a large CRE book led by investor property loans

Western Alliance Bank held $15.8 billion in commercial real estate loans as of June 30, 2026, according to FDIC figures. This placed it 33 of 4,167 banks nationally by CRE loan volume and 1 of 11 banks headquartered in Arizona. CRE represented 24.1% of the bank’s $65.6 billion total loan portfolio. Investor nonfarm nonresidential loans were the largest component at $9.6 billion, accounting for 60.7% of CRE loans and ranking 19 nationally in that segment. The size of this category indicates substantial experience with income-producing commercial property, but the FDIC classification does not identify individual property types, underwriting standards or current origination preferences within the segment.

Construction and land loans totaled $4.1 billion, equal to 25.9% of the CRE portfolio and ranking 18 nationally in the segment. Owner occupied loans accounted for $1.5 billion, or 9.3%, with a national segment rank of 81. Multifamily loans were the smallest reported component at $648.7 million, representing 4.1% of CRE loans and ranking 143 nationally. The relatively modest balance in the FDIC multifamily category should not be read as an absence of housing activity. Western Alliance says its Multifamily Housing Finance Group provides nationwide financing for affordable, workforce, student, senior and conventional multifamily housing, and recent bank announcements include several affordable housing construction transactions.

Source: FDIC Call Report as of June 30, 2026, schedule RC-C. FDIC record for Western Alliance Bank.

The CRE portfolio has grown since 2021 while recent balances have eased

Western Alliance’s CRE loans increased from $10.3 billion at June 30, 2021 to $15.8 billion at June 30, 2026, a change of +53.5%. The balance rose to $12.6 billion in 2022 and $16.0 billion in 2023, remained at $16.0 billion in 2024, and reached $16.3 billion in 2025 before declining by -3.1% to the latest level. During 2025, loans held for investment grew by $5.0 billion, including a $330 million increase in CRE loans, while construction and land development loans declined by $424 million. Investor CRE equaled 1.80x equity as of June 30, 2026. That measure highlights portfolio concentration, but it does not by itself establish the bank’s current willingness to approve a particular property or borrower.

Recent financings demonstrate construction and transitional lending activity

Recent announcements illustrate a range of transactions. In August 2026, the press reported a $200 million credit facility for Urban Standard Capital supporting transitional commercial real estate loans. In July 2026, Western Alliance announced $33 million of construction financing for Marble Manor Phase I, a 138-unit mixed-income redevelopment in Las Vegas, NV. The press also reported a $68.75 million construction loan for Miroza Tower 4, a 174-unit luxury multifamily tower in Yonkers, NY. In April 2026, the bank announced $56.3 million for The Marvel in the Mission, a 136-unit permanent supportive housing development in San Francisco, CA. A broker reported financing for the 337-room Renaissance Dallas North Hotel renovation in March 2026, although no amount was disclosed.

The bank says it offers acquisition and development term financing, construction loans, bridge financing, asset repositioning loans and CAPEX lines across several property categories. Its institutional CRE team focuses on acquisition, vertical construction, term and bridge financing for core-plus and value-add real estate nationwide, with particular emphasis on the Western United States. In June 2026, Western Alliance hired Matthew Leivian to lead a Phoenix-based team and expand its national institutional CRE lending platform and loan portfolio. These statements and announced transactions indicate broad capabilities, but they do not establish quoted rates, leverage, amortization, recourse requirements or closing speed for a new application.

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.

Western Alliance has a western branch base and a national lending orientation

Western Alliance operates 38 domestic offices across 6 states. Its largest branch presence is in Nevada with 15 branches, followed by California with 11 and Arizona with 9. It also has 1 branch each in Illinois, New York and Colorado. Arizona branches hold $52.4 billion in deposits, compared with $20.6 billion in California and $7.3 billion in Nevada. The physical footprint is therefore concentrated in western markets, but the bank describes portions of its CRE and multifamily platforms as nationwide. Announced financings in New York, Texas and Georgia support that national orientation, while transactions in Arizona, Nevada and California show continued activity near its core branch markets.

By CRE volume, Western Alliance sits between Bank OZK at $18.1 billion and peers including United Bank at $14.2 billion and Goldman Sachs Bank USA at $13.5 billion. Borrowers that may fit include experienced sponsors seeking acquisition, construction, bridge, repositioning or CAPEX financing, particularly for core-plus or value-add projects. Affordable, workforce, student, senior and conventional housing sponsors may also find relevant expertise. Owner occupied borrowers should note that this segment represents $1.5 billion of the portfolio, materially less than investor nonfarm nonresidential and construction lending. Actual fit will depend on property, market, sponsorship, structure and the bank’s current credit standards.

Peer banks with a similar CRE book

Frequently Asked Questions

Does Western Alliance Bank make commercial real estate loans?

Yes. Western Alliance Bank held $15.8 billion in CRE loans as of June 30, 2026. The bank states that it provides acquisition and development term financing, construction loans, bridge financing, asset repositioning loans and CAPEX lines. Its stated property coverage includes industrial, hospitality, mixed-use, multifamily, office, retail, residential and charter-school assets. Available products for a particular borrower will depend on the transaction and the bank’s current underwriting standards.

How large is Western Alliance Bank’s commercial real estate portfolio?

Western Alliance Bank’s CRE portfolio totaled $15.8 billion as of June 30, 2026, according to FDIC figures. That balance represented 24.1% of its $65.6 billion total loan portfolio and ranked the bank 33 of 4,167 banks nationally. It was also 1 of 11 among banks headquartered in Arizona. The portfolio declined by -3.1% from June 30, 2025, after increasing from $10.3 billion at June 30, 2021.

What types of commercial real estate does Western Alliance Bank finance?

Western Alliance states that it finances industrial, hospitality, mixed-use, multifamily, office, retail, residential and charter-school properties. Its listed capabilities include acquisition and development term financing, construction loans, bridge financing, asset repositioning loans and CAPEX lines. The bank’s largest FDIC CRE category is investor nonfarm nonresidential at $9.6 billion, or 60.7% of CRE loans. Portfolio composition shows historical holdings, however, and does not guarantee financing for every property type.

Does Western Alliance Bank provide construction loans?

Yes. Western Alliance lists construction lending among its CRE capabilities and held $4.1 billion in construction and land loans as of June 30, 2026. Recent bank announcements include $33 million for Marble Manor Phase I in Las Vegas, NV and $56.3 million for The Marvel in the Mission in San Francisco, CA. These examples show construction activity across mixed-income and permanent supportive housing, but they do not establish standard pricing, leverage, recourse or completion requirements.

Is Western Alliance Bank a nationwide commercial real estate lender?

Yes, for parts of its platform. Western Alliance says its institutional CRE team provides financing nationwide, with particular emphasis on the Western United States, while its Multifamily Housing Finance Group also operates nationwide. The bank has 38 domestic offices across 6 states, concentrated in Nevada, California and Arizona. Announced financings in New York, Texas and Georgia indicate activity beyond that branch footprint. Geographic eligibility for a new request still depends on the property, sponsor, loan structure and current credit appetite.

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 Western Alliance Bank. See our Legal Disclaimer and Compensation Disclosure.

Valley National Bank combines a large commercial real estate portfolio with a concentrated regional branch network. Established in 1927 and headquartered in Passaic, New Jersey, the bank operates 232 domestic offices across 6 states. Its balance sheet included $66.2 billion of total assets and $52.5 billion of total loans as of June 30, 2026. CRE accounted for $30.4 billion, making property lending central to the bank rather than a secondary business. For borrowers, that scale suggests substantial experience across income producing properties, owner occupied real estate and construction, although portfolio holdings do not establish the terms or availability of any future loan.

Valley publicly describes a broad CRE offering that includes permanent, construction-to-permanent, for-sale construction, bridge, land and land-improvement loans, along with co-op credit lines and mortgages. It identifies apartment buildings, offices, warehouses and industrial facilities, mixed-use properties, retail centers, shopping centers, co-ops, specialty buildings, residential subdivisions and spot-lot projects as areas of focus. Recent press reports show activity in multifamily development, condominium construction, industrial properties, healthcare facilities and mixed-use projects. The strongest visible pattern is geographic: announced transactions cluster in New York, New Jersey and Florida, which also contain most of Valley’s branches and deposits.

Valley’s $30.4 billion CRE book is led by investor property loans

Valley held $30.4 billion of commercial real estate loans as of June 30, 2026, representing 57.8% of its $52.5 billion loan portfolio. The FDIC figures placed the bank 14 of 4,167 nationally by CRE loans and 1 of 47 among banks headquartered in New Jersey. Investor nonfarm nonresidential loans formed the largest category at $11.1 billion, or 36.7% of CRE loans, and ranked 16 nationally within that segment. Multifamily was close behind at $9.0 billion, or 29.8%, with a national segment rank of 8. Together, those holdings show that rental housing and investor owned commercial properties are prominent parts of Valley’s existing portfolio.

Owner occupied CRE added $7.7 billion, equal to 25.3% of the CRE book, and ranked 16 nationally within its segment. Construction and land loans were smaller at $2.5 billion, or 8.2%, with a national segment rank of 34. The mix gives Valley meaningful exposure to both operating businesses that own their premises and investors that depend on property income. Its investor CRE to equity ratio was 2.70x as of June 30, 2026, underscoring the importance of property lending to the balance sheet. Borrowers should treat this portfolio composition as evidence of historical lending activity, not as a promise that Valley will approve a particular property type, structure or loan amount.

Source: FDIC Call Report as of June 30, 2026, schedule RC-C. FDIC record for Valley National Bank.

CRE balances have risen since 2021 despite a recent pullback

Valley’s CRE portfolio increased from $19.3 billion at June 30, 2021 to $30.4 billion at June 30, 2026, a change of +57.6%. The path was uneven. Balances reached $26.9 billion in 2022, $31.6 billion in 2023 and $31.8 billion in 2024, before declining to $28.8 billion in 2025 and recovering by +5.2% year over year in 2026. Bank announcements said selective originations and portfolio activity lowered its CRE concentration ratio to about 353 percent in the first quarter of 2025 from 362 percent at year end 2024. During the second quarter of 2025, total CRE including construction declined $288.6 million, largely through normal repayments, while completed construction projects moved into permanent multifamily financing.

Recent financings show active construction and multifamily lending

Recent press reports indicate that Valley continued financing sizable development projects in its core markets. Transactions included a $120 million construction loan for a 495-unit development in Long Island City, a $72 million construction loan for two 99-unit Brooklyn projects and a $63.5 million construction loan for the planned 1,056-unit Azalea Cay apartment development in St. Petersburg. Other reported activity included a $30 million refinance of the 210-unit Park Towers complex in Miami and $54 million of preconstruction bridge financing for a planned two-tower, 1,460-unit residential project in Fort Lauderdale. These announcements demonstrate recent execution across construction, bridge and refinance transactions, but they do not define generally available proceeds, pricing, leverage or closing speed.

Valley’s stated product set spans permanent, construction-to-permanent, for-sale construction, bridge, land and land-improvement loans, plus co-op credit lines and mortgages. Its stated property focus includes apartments, offices, industrial facilities, mixed-use assets, retail centers and specialty buildings. During 2025, the bank emphasized owner occupied CRE growth and relationship focused small to midsize clients while permitting targeted runoff of transactional, nonrelationship investor loans. At year end 2025, CRE excluding construction totaled $26.8 billion, up $242.5 million, as owner occupied and multifamily growth partly offset lower non-owner-occupied balances. That strategy suggests relationship depth may matter alongside property quality and transaction structure.

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.

Valley’s strongest lending presence is in New Jersey, New York and Florida

Valley’s branch footprint is concentrated in markets that also appear frequently in its announced financings. New Jersey had 126 branches and $30.2 billion of deposits, while Florida had 42 branches and $10.2 billion. New York had 41 branches and $10.2 billion. The remaining footprint included 15 Alabama branches with $1.3 billion of deposits, 3 California branches with $2.3 billion and 1 Illinois branch with $201.5 million. In the third quarter of 2026, the bank said CRE including construction increased $343.5 million to $30.7 billion, driven by owner occupied healthcare and Florida originations plus construction advances in New York and Florida. Non-owner-occupied loans declined $145.7 million during the same quarter.

By CRE volume, Valley sits beside several much larger regional and national banking names. Its $30.4 billion portfolio matched TD Bank, N.A., compared with $34.7 billion at Manufacturers and Traders Trust Company, $26.9 billion at Citizens Bank, N.A. and $23.0 billion at Old National Bank. Valley may fit borrowers seeking an established relationship lender for owner occupied properties, multifamily assets or projects in its principal markets. The fit is less clear for borrowers seeking standardized terms without broader banking ties, given Valley’s stated emphasis on relationship focused small to midsize clients and targeted reduction of transactional, nonrelationship investor exposure.

Peer banks with a similar CRE book

Frequently Asked Questions

Does Valley National Bank make commercial real estate loans?

Yes. Valley National Bank held $30.4 billion of commercial real estate loans as of June 30, 2026. The bank describes permanent, construction-to-permanent, for-sale construction, bridge, land and land-improvement loans among its CRE products. It also identifies apartments, offices, warehouses, industrial facilities, mixed-use properties, retail centers, co-ops and specialty buildings as areas it serves. Availability and structure remain transaction specific, and the bank’s existing portfolio does not guarantee approval for a new borrower.

How large is Valley National Bank’s commercial real estate portfolio?

Valley’s CRE portfolio totaled $30.4 billion as of June 30, 2026, equal to 57.8% of its $52.5 billion total loan portfolio. The FDIC figures ranked it 14 of 4,167 banks nationally by CRE loans and 1 of 47 banks headquartered in New Jersey. The portfolio grew +5.2% year over year and +57.6% from June 30, 2021, although balances had moved both upward and downward during the intervening years.

What types of commercial properties does Valley National Bank finance?

Valley states that it finances a broad range of commercial properties. Its stated focus includes apartment buildings, offices, warehouses and industrial facilities, mixed-use properties, retail centers, shopping centers, co-ops, specialty buildings, residential subdivisions and spot-lot projects. The existing portfolio is led by investor nonfarm nonresidential loans at $11.1 billion, followed by multifamily at $9.0 billion and owner occupied CRE at $7.7 billion. Those balances describe current holdings rather than future credit availability.

Where does Valley National Bank make commercial real estate loans?

Valley’s clearest operating presence is in New Jersey, Florida and New York. Those states contain 126, 42 and 41 branches, respectively, and recent announced financings were concentrated in those markets. Press reports identified construction, bridge and refinance transactions in Brooklyn, Long Island City, Newark, Miami, St. Petersburg and Fort Lauderdale. Valley also has branches in Alabama, California and Illinois. A branch footprint does not establish that every CRE product is available in every market.

Is Valley National Bank a good fit for a multifamily or construction loan?

It may be, particularly for relationship oriented borrowers in Valley’s principal markets. Multifamily loans totaled $9.0 billion and ranked 8 nationally within that segment, while construction and land loans totaled $2.5 billion. Recent press reports included apartment and condominium construction loans in New York, New Jersey and Florida. Valley also states that it offers construction-to-permanent, for-sale construction and bridge loans. Borrowers still need to confirm current appetite, underwriting requirements, pricing and structure directly with the bank.

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 Valley National Bank. See our Legal Disclaimer and Compensation Disclosure.

New Mexico’s leading locally headquartered bank CRE lenders range from First American Bank, with $768.4 million in total commercial real estate loans, to Western Bank of Lordsburg, with $21.3 million. The ranked table covers 25 banks and $5.1 billion of CRE loans as of June 30, 2026. Those balances include $948.1 million of construction and land loans, $388.9 million of multifamily loans, $1.3 billion of owner occupied loans and $2.4 billion of investor nonfarm nonresidential loans. BestCRE uses FDIC Call Reports, including schedule RC-C, to compare portfolio size, composition, year over year change and concentration on a consistent basis.

The headquarters distinction matters. This ranking covers banks headquartered in New Mexico, not every institution that can make a commercial property loan in the state. The FDIC reported 28 banks headquartered in New Mexico, with $5.1 billion in total CRE loans and year over year growth of +9.3%. The top five held 55.3% of that total. Banks headquartered elsewhere also maintain New Mexico branches and can be significant local competitors. The FDIC Summary of Deposits 2026 identifies their in state branch networks and deposits, while Call Reports show each institution’s total CRE loans across all states. Borrowers should consider both groups when building a lender list.

New Mexico banks ranked by total CRE loans

Source: FDIC Call Reports as of June 30, 2026 (schedule RC-C). Dollar figures in millions. Change, 1 year compares total CRE loans with June 30, 2025. Bank names link to each bank’s FDIC record. Table shows the top 25 of 28 banks headquartered in New Mexico.

First American Bank leads with $768.4 million in total CRE loans, including $414.0 million of investor nonfarm nonresidential loans. Citizens Bank of Las Cruces follows with $595.1 million and has the table’s largest multifamily balance at $105.1 million. InBank ranks third with $592.4 million, including $219.5 million of owner occupied loans. Growth varies considerably among the leaders. CNB Bank reported +33.5% year over year growth, while Century Bank reported -14.4%. Portfolio concentration also differs. Main Bank’s CRE loans equal 83.3% of total loans, compared with 40.0% at Century Bank. Citizens Bank of Las Cruces reports investor CRE to equity of 4.33x, while First National Bank of Alamogordo reports 4.91x. These figures describe existing balance sheets and help borrowers identify active lenders, but they do not establish current credit availability or approval terms.

Out of state banks with branches in New Mexico

Source: FDIC Summary of Deposits 2026. Deposits and branches are for New Mexico only; CRE loans are bank wide.

Use portfolio size, growth and local presence to build a lender list

A large CRE portfolio can indicate appetite and capacity to hold commercial property loans, although it does not guarantee that a bank will pursue a particular request. Borrowers can begin with total CRE loans, then review the categories most relevant to the property. Construction and land, multifamily, owner occupied real estate and investor nonfarm nonresidential balances show where each bank has accumulated exposure. Year over year change helps distinguish banks adding CRE loans from those reporting contraction. Headquarters also matters because bank lending is relationship driven and local market presence can influence which institutions are practical candidates.

Concentration should be read alongside size and growth. A bank with a large CRE share or a high investor CRE to equity ratio may have substantial experience, but it can also be selective as it manages existing exposure. A smaller or less concentrated bank may still be relevant when its loan mix aligns with the property. Borrowers should use the ranking as a screening tool, contact several institutions and compare current interest, structure and execution requirements directly. The table cannot show whether a bank is actively quoting a particular property type, borrower profile or transaction size at the time of inquiry.

Loan mix reveals where reported CRE activity is concentrated

The leading portfolios have distinct compositions. First American Bank reports $163.7 million in construction and land loans, $38.5 million in multifamily loans, $152.2 million in owner occupied loans and $414.0 million in investor nonfarm nonresidential loans. Citizens Bank of Las Cruces reports $173.9 million in construction and land loans and $105.1 million in multifamily loans. InBank’s largest reported category is investor nonfarm nonresidential at $311.4 million, followed by owner occupied loans at $219.5 million. These balances show where each institution is most active within its existing book.

Concentration measures add context to those balances. Southwest Capital Bank reports CRE loans equal to 80.1% of total loans, while Main Bank reports 83.3%. First American Bank’s investor CRE to equity ratio is 3.23x, Citizens Bank of Las Cruces reports 4.33x and First National Bank of Alamogordo reports 4.91x. Those ratios are high relative to several banks in the table. Lea County State Bank reports 0.24x, and Western Bank of Lordsburg reports 0.27x. A high ratio does not describe credit quality or current lending intent, but it can signal that a bank will be selective when evaluating additional exposure.

Out of state banks and nonbank lenders broaden the search

Banks headquartered outside New Mexico also lend through branches in the state. Wells Fargo Bank, N.A., headquartered in South Dakota, has 54 New Mexico branches, $9.3 billion of deposits in the state and $121.6 billion of total CRE loans across all states. Bank of America, N.A., headquartered in North Carolina, has 16 branches, $6.2 billion of deposits in New Mexico and $79.9 billion of total CRE loans. BOKF, N.A., headquartered in Oklahoma, has 13 branches, $2.7 billion of deposits in the state and $11.3 billion of total CRE loans. These institutions are not included in the headquarters based ranking.

Borrowers can also compare debt funds, life companies, CMBS lenders, agency lenders and SBA lenders. Those sources do not appear in bank Call Reports, so this ranking cannot measure their activity. Each lender type may assess property, sponsorship and transaction structure differently, making direct comparison important. A borrower should consider several sources because a large reported balance does not establish current appetite, and a smaller balance does not rule out a fit. Comparing banks headquartered in New Mexico, out of state banks with local branches and relevant nonbank lenders provides a broader view of available financing channels.

Frequently Asked Questions

Which bank has the largest commercial real estate loan portfolio in New Mexico?

Among banks headquartered in New Mexico, First American Bank ranks first with $768.4 million in total commercial real estate loans as of June 30, 2026. Its reported portfolio includes $163.7 million in construction and land loans, $38.5 million in multifamily loans, $152.2 million in owner occupied loans and $414.0 million in investor nonfarm nonresidential loans. CRE represents 65.7% of the bank’s total loans, and its investor CRE to equity ratio is 3.23x. Its national rank by total CRE loans is 537. These figures describe the reported loan book, not current pricing, underwriting terms or availability.

Which New Mexico bank reported the fastest CRE growth?

CNB Bank reported the highest year over year CRE growth among the ranked banks at +33.5%. Its total commercial real estate portfolio reached $428.2 million as of June 30, 2026, placing it fifth in New Mexico and 851 nationally. The portfolio includes $94.1 million in construction and land loans, $29.5 million in multifamily loans, $113.5 million in owner occupied loans and $191.2 million in investor nonfarm nonresidential loans. Southwest Capital Bank also reported strong growth at +32.2%, while Valley Bank of Commerce reported +31.1%. Growth shows balance sheet expansion, but not the terms or availability of new credit.

Which New Mexico bank has the most multifamily loans?

Citizens Bank of Las Cruces reports $105.1 million in multifamily loans, the largest multifamily balance among the banks in the table. The bank ranks second overall with $595.1 million in total CRE loans as of June 30, 2026. Its other reported categories include $173.9 million in construction and land loans, $90.1 million in owner occupied loans and $226.0 million in investor nonfarm nonresidential loans. CRE represents 68.6% of total loans, and the portfolio grew +15.4% year over year. The balance indicates established multifamily exposure, but borrowers must confirm current lending interest directly.

How does BestCRE calculate the New Mexico bank ranking?

BestCRE ranks banks headquartered in New Mexico by total commercial real estate loans reported in FDIC Call Reports as of June 30, 2026. The analysis uses Reports of Condition and Income, including schedule RC-C, and uses the FDIC Summary of Deposits 2026 to identify branch and deposit presence for banks headquartered elsewhere. The table includes 25 banks with $5.1 billion in total CRE loans. For national context, 4,167 banks reported $3.07 trillion in total CRE loans. The ranking is based on reported balances and does not score pricing, service, approval speed, loan terms or credit quality.

What interest rate benchmarks should CRE borrowers monitor?

As of Oct 26, 2026, the Prime rate was 7.00%, SOFR was 3.89%, the 5 year Treasury was 4.78%, the 10 year Treasury was 4.96% and Fed funds was 3.88%. These benchmarks provide market context when borrowers review financing proposals, but they are not quoted loan rates from the banks in the ranking. A lender’s proposal may reference a benchmark while also reflecting property, borrower and transaction considerations that are not visible in FDIC Call Reports. Borrowers should compare the applicable benchmark, spread, fees and structure in each actual proposal rather than infer pricing from portfolio size.

More BestCRE lender rankings

CRE lenders by state

BestCRE rankings are editorially independent and built only from public regulatory filings; no bank pays for placement. Call report figures describe loans held on each bank’s balance sheet and do not show loan terms, rates or current appetite. BestCRE is not a lender and does not make loans. Benchmark rates are informational, not quotes. See our Legal Disclaimer and Compensation Disclosure.

Bank OZK is a Little Rock, Arkansas bank established in 1903 with $41.7 billion in assets, $32.6 billion in total loans and 272 domestic offices. Commercial real estate is central to its lending profile. FDIC filings show $18.1 billion of CRE loans as of June 30, 2026, equal to 55.7% of total loans. Its national position is substantial for a bank of this size, ranking 27 of 4,167 banks by CRE loans and 1 of 78 banks headquartered in Arkansas. Borrowers should view Bank OZK as a nationally active real estate lender whose portfolio is especially concentrated in investor properties and construction and land lending.

The bank describes its Real Estate Specialties Group as a nationwide source of senior secured financing for mixed-use, multifamily, condominium, office, hospitality, life-science, industrial and retail projects, with particular emphasis on construction lending. Publicly announced transactions support that description, including large construction loans for condominium, apartment, industrial and mixed-use developments across several markets. The portfolio was contracting during 2026, however, following several years of expansion. That change matters to prospective borrowers because a large existing CRE book does not establish current appetite for a particular property or request. It shows experience and capacity, while the bank’s recent repayments, new loan volume and asset management activity provide context for current selectivity.

The $18.1 billion CRE book is led by investor property and construction loans

Bank OZK held $18.1 billion of commercial real estate loans as of June 30, 2026. Investor nonfarm nonresidential loans were the largest component at $7.8 billion, representing 43.0% of the CRE portfolio and ranking 27 nationally within that segment. Construction and land loans were close behind at $6.9 billion, or 38.3%, and ranked 9 nationally. Together, these categories define the bank’s CRE exposure more clearly than its branch footprint does. Multifamily loans totaled $2.5 billion, representing 14.0% of CRE loans and ranking 45 nationally. Owner occupied CRE was considerably smaller at $852.2 million, or 4.7%, with a national segment rank of 125. These balances describe the portfolio the bank held, not a commitment to originate the same mix going forward.

CRE loans represented 55.7% of Bank OZK’s $32.6 billion total loan portfolio at June 30, 2026. Its investor CRE exposure was 2.75x equity, another indication that commercial property credit remains material to the institution. The bank says it manages the portfolio through limits covering property types, geographies and metropolitan areas, and describes the book as diversified by collateral type and location. For borrowers, the composition points to extensive experience evaluating income producing properties and complex development projects. It does not show published pricing, leverage, amortization or closing timelines. Those terms must be established for each transaction. The relatively small $852.2 million owner occupied balance also suggests that Bank OZK’s institutional CRE identity is more closely associated with investor and development lending than with owner occupied property finance.

Source: FDIC Call Report as of June 30, 2026, schedule RC-C. FDIC record for Bank OZK.

CRE balances remain above 2021 despite a sharp 2026 contraction

Bank OZK’s CRE portfolio increased from $12.8 billion at June 30, 2021 to $13.1 billion in 2022, $16.4 billion in 2023, $20.3 billion in 2024 and $21.6 billion in 2025. It then declined to $18.1 billion at June 30, 2026, a year over year change of -16.1%. Even after that contraction, CRE loans were +42.1% above June 30, 2021. The shift continued later in 2026. By September 2026, the bank said its Real Estate Specialties Group had declined to 45.2% of total loans and its overall CRE concentration had moved below the regulatory guidance threshold. During the 12 months ended September 2026, the group received $9.2 billion in repayments and originated $5.2 billion of new loans, reducing total commitments to $25.4 billion.

Recent transactions confirm a nationwide construction lending focus

Recent announcements show Bank OZK financing substantial construction projects across property types and regions. In October 2026, Berkadia announced a $132.7 million construction loan for ElevenOneEleven, a mixed-use development with 344 apartments and retail in Culver City, CA. The press reported a $75.5 million construction loan in September 2026 for the conversion of M7 Lofts in Norwalk, CT into 286 apartments. JLL announced $65.1 million of construction financing in February 2026 for the 631,011-square-foot Ellis Avenue Logistics Center in Perris, CA. January 2026 reports also included a $132.5 million construction loan for the 58-unit Ponce Park condominium development in Coral Gables, FL and a $74 million construction loan for The Aletto office and retail project in Boca Raton, FL. These examples reflect activity, not standardized loan terms.

Larger 2025 announcements further illustrate the bank’s development lending range. The press reported $475 million of construction financing for South Flagler House, two luxury condominium towers with 105 units in West Palm Beach, FL. JLL announced a $198.6 million construction loan for the 112-unit Ritz-Carlton Residences, Estero Bay North Tower in Bonita Springs, FL. Commercial Observer reported $156.3 million for the planned 428-unit Heritage Westminster apartment development in West Hempstead, NY. The bank says its nationwide specialty group covers mixed-use, multifamily, condominium, office, hospitality, life-science, industrial and retail projects. In January 2026, the press also reported that Bank OZK sold the $265 million construction loan on the largely vacant Pacific Center life-science campus in San Diego.

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.

The branch base is southeastern, while specialty lending reaches national markets

Bank OZK operates branches in 6 states, with its largest reported branch networks in Arkansas, Georgia, Florida, Texas and North Carolina. Arkansas has 77 branches and $11.6 billion of deposits, while Georgia has 70 branches and $9.6 billion. Florida has 45 branches and $5.8 billion, Texas has 36 branches and $4.3 billion, and North Carolina has 26 branches and $2.3 billion. Tennessee adds 2 branches and $472.2 million of deposits. That retail and deposit footprint is concentrated in the Southeast, but announced CRE loans extend to CA, CT, IL, KS and NY as well as FL. Borrowers should therefore distinguish the bank’s physical branch network from the nationwide mandate described for its Real Estate Specialties Group.

By CRE loan volume, Bank OZK’s $18.1 billion portfolio sits above Western Alliance Bank at $15.8 billion, United Bank at $14.2 billion, Goldman Sachs Bank USA at $13.5 billion, Associated Bank, N.A. at $10.6 billion and Centennial Bank at $9.9 billion, but below Citibank, N.A. at $26.0 billion. The strongest borrower fit appears to be an experienced sponsor seeking senior secured financing for a substantial investor property or construction project in a sector the specialty group identifies. That assessment follows the bank’s stated focus and announced transactions. Borrowers seeking published rate cards, preset leverage or standardized execution should not infer those features from FDIC portfolio balances or deal announcements.

Peer banks with a similar CRE book

Frequently Asked Questions

Does Bank OZK make commercial real estate loans?

Yes. Bank OZK held $18.1 billion of commercial real estate loans as of June 30, 2026, equal to 55.7% of its $32.6 billion total loan portfolio. It ranked 27 of 4,167 banks nationally by CRE loans and 1 of 78 banks headquartered in Arkansas. The bank also says its Real Estate Specialties Group provides senior secured financing nationwide across several property types, with particular emphasis on construction lending. Actual availability and terms depend on the proposed property, market, sponsorship and transaction structure.

What types of commercial real estate does Bank OZK finance?

Bank OZK says its nationwide specialty group finances mixed-use, multifamily, condominium, office, hospitality, life-science, industrial and retail projects, with particular focus on construction lending. FDIC filings show construction and land loans of $6.9 billion, representing 38.3% of its CRE portfolio at June 30, 2026. Investor nonfarm nonresidential loans were even larger at $7.8 billion, or 43.0%. These portfolio categories and the bank’s stated focus indicate experience, but they do not guarantee approval for any property type or transaction.

Is Bank OZK primarily a construction lender?

Construction lending is a defining part of Bank OZK’s CRE profile. The bank identifies construction as a particular focus, and it held $6.9 billion of construction and land loans at June 30, 2026, ranking 9 nationally in that segment. Announced financings include condominium, apartment, mixed-use and industrial developments. Still, construction and land represented 38.3% of CRE loans, while investor nonfarm nonresidential loans represented a larger 43.0%. Bank OZK therefore has a broader investor CRE portfolio, even though construction is prominent in its public transactions.

Is Bank OZK reducing its commercial real estate exposure?

Yes. CRE loans declined from $21.6 billion at June 30, 2025 to $18.1 billion at June 30, 2026, a year over year change of -16.1%. During the 12 months ended September 2026, the Real Estate Specialties Group received $9.2 billion in repayments versus $5.2 billion of new loans, and total commitments fell to $25.4 billion. Bank OZK said its overall CRE concentration had moved below the regulatory guidance threshold by September 2026. The contraction does not by itself establish appetite for any individual request.

What should borrowers know about Bank OZK’s recent CRE credit issues?

Bank OZK reported $129.1 million of 2025 charge-offs involving Real Estate Specialties Group loans primarily secured by office, land or life-science properties, and warned that charge-offs could remain elevated in 2026. The press also reported that the bank sold a $265 million construction loan on the largely vacant Pacific Center life-science campus in San Diego in January 2026. These events provide relevant credit context, while the bank continued announcing construction financings during 2026. Borrowers should expect property, market, sponsorship and structure to receive transaction-specific review.

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 OZK. See our Legal Disclaimer and Compensation Disclosure.

New Hampshire’s 16 headquartered banks reported $6.6 billion in total commercial real estate loans as of June 30, 2026, according to FDIC Call Reports. Their portfolios included $1.3 billion in construction and land loans, $864.2 million in multifamily loans, $1.5 billion in owner occupied loans and $2.9 billion in investor nonfarm nonresidential loans. State headquartered bank CRE balances increased +5.4% year over year, while the top five banks held 76.9% of the group total. The ranking focuses on the size of each institution’s CRE book, with additional measures showing portfolio composition, recent growth, loan concentration and investor CRE relative to equity capital.

The table covers banks headquartered in New Hampshire, rather than every institution available to borrowers in the state. Banks based elsewhere can also maintain New Hampshire branches and make local loans, but their FDIC Call Reports present CRE balances across all states. That distinction matters when comparing a local deposit presence with an institution’s total national or regional CRE portfolio. BestCRE uses FDIC Call Reports, formally the Reports of Condition and Income, schedule RC-C, together with the FDIC Summary of Deposits 2026. Borrowers can use the ranking to identify active bank candidates, then compare those institutions with out of state banks and nonbank capital sources.

New Hampshire banks ranked by total CRE loans

Source: FDIC Call Reports as of June 30, 2026 (schedule RC-C). Dollar figures in millions. Change, 1 year compares total CRE loans with June 30, 2025. Bank names link to each bank’s FDIC record.

Bank of New Hampshire leads with $1.6 billion in CRE loans, including $938.3 million of investor nonfarm nonresidential loans. Bank of New England follows at $1.5 billion and has the table’s largest construction and land balance at $588.6 million. Mascoma Bank ranks third with $979.8 million, including $254.4 million in multifamily loans. Growth varies widely. Salem Co-operative Bank reported +31.2% year over year growth, while The Millyard Bank reported +25.4%. First Seacoast Bank declined -8.7%, and Profile Bank declined -5.5%. Concentration also separates the leaders. CRE represents 96.9% of loans at Bank of New England and 72.3% at Bank of New Hampshire. Their investor CRE to equity ratios are 4.47x and 3.85x, respectively, both high relative to many banks in the table. Portfolio scale, mix, growth and concentration therefore point to different potential fits for borrowers.

Out of state banks with branches in New Hampshire

Source: FDIC Summary of Deposits 2026. Deposits and branches are for New Hampshire only; CRE loans are bank wide.

The ranking provides a starting point for a bank loan search

Total CRE loan volume is the primary ranking measure. A larger book can indicate greater appetite for commercial property credit and more capacity to hold loans, although the reported balance does not establish that a bank will approve a particular request. Bank of New Hampshire reports $1.6 billion, Bank of New England reports $1.5 billion and Mascoma Bank reports $979.8 million. Borrowers can begin with institutions whose existing portfolios appear consistent with the size and type of the proposed financing.

The supporting columns refine that initial screen. Loan mix shows where each bank is most active, while year over year change identifies institutions that are adding or reducing CRE balances. CRE share of total loans and investor CRE to equity show how concentrated an institution is, which can signal that a bank will be selective. Bank lending remains relationship driven and local, so the table should guide outreach rather than substitute for direct discussions. Borrowers should contact several plausible lenders and compare current responses.

Loan mix and concentration distinguish the banks’ reported activity

The largest portfolios have materially different compositions. Bank of New Hampshire reports $938.3 million in investor nonfarm nonresidential loans, $305.1 million in owner occupied loans, $217.6 million in multifamily loans and $151.6 million in construction and land loans. Bank of New England reports $705.5 million in investor nonfarm nonresidential loans and $588.6 million in construction and land loans. Mascoma Bank reports $417.6 million in investor nonfarm nonresidential loans and $254.4 million in multifamily loans. These balances show where existing activity is concentrated without describing any current loan program or credit terms.

Concentration measures add context to raw balances. CRE accounts for 96.9% of loans at Bank of New England, 73.1% at Primary Bank and 72.3% at Bank of New Hampshire. Their investor CRE to equity ratios are 4.47x, 2.69x and 3.85x. By comparison, Piscataqua Savings Bank reports a 1.1% CRE share and a 0.04x investor CRE to equity ratio. A high ratio relative to other banks in the table can indicate that an institution may be selective, even when its reported CRE portfolio is large.

Out of state banks and nonbank lenders broaden the search

Several banks headquartered outside New Hampshire have substantial local branch and deposit positions. TD Bank, N.A. has 43 branches and $10.7 billion of deposits in the state, while Citizens Bank, N.A. has 40 branches and $8.9 billion. Bank of America, N.A. has 15 branches and $5.4 billion, and Manufacturers and Traders Trust Company has 23 branches and $1.7 billion. Their total CRE loan figures cover all states, so they are not directly comparable with a measure of New Hampshire lending.

Borrowers can also compare bank proposals with debt funds, life companies, CMBS, agency and SBA lenders. These nonbank sources do not appear in bank call reports, and their absence from the ranking does not indicate a lack of activity. Each source should be evaluated separately because the table describes reported bank portfolios, not current quotes or approval standards. Comparing several banks and nonbank lender types helps a borrower test available structures while accounting for relationship preferences, property type, requested proceeds and the lender’s existing portfolio exposure.

Frequently Asked Questions

Which bank is the largest commercial real estate lender headquartered in New Hampshire?

Bank of New Hampshire ranks first among New Hampshire headquartered banks with $1.6 billion in total CRE loans as of June 30, 2026. Its portfolio includes $938.3 million in investor nonfarm nonresidential loans, $305.1 million in owner occupied loans, $217.6 million in multifamily loans and $151.6 million in construction and land loans. CRE represents 72.3% of its total loans, and its investor CRE to equity ratio is 3.85x. The bank ranks 277 nationally by total CRE loans in the FDIC Call Report comparison.

Which New Hampshire bank reports the most construction and land lending?

Bank of New England reports $588.6 million in construction and land loans, the largest balance among the New Hampshire headquartered banks in the table. It ranks second overall with $1.5 billion in total CRE loans. Its other reported categories include $705.5 million in investor nonfarm nonresidential loans, $161.1 million in owner occupied loans and $58.3 million in multifamily loans. CRE accounts for 96.9% of its total loans, and its investor CRE to equity ratio is 4.47x, which is high relative to the other banks shown.

Which New Hampshire bank reports the largest multifamily loan portfolio?

Mascoma Bank reports $254.4 million in multifamily loans, the largest multifamily balance in the ranked table. The Lebanon headquartered bank ranks third with $979.8 million in total CRE loans. Its portfolio also includes $417.6 million in investor nonfarm nonresidential loans, $176.9 million in owner occupied loans and $130.9 million in construction and land loans. Mascoma Bank’s CRE balance increased +2.3% year over year. CRE represents 39.1% of its total loans, while investor CRE equals 3.11x its total equity capital.

Which New Hampshire banks are adding CRE loans fastest?

Walden Mutual Bank reports the highest year over year CRE growth in the table at +31.7%, followed by Salem Co-operative Bank at +31.2% and The Millyard Bank at +25.4%. Their portfolio sizes differ substantially. Walden Mutual Bank reports $32.7 million in total CRE loans, Salem Co-operative Bank reports $140.4 million and The Millyard Bank reports $176.7 million. Growth identifies banks that added balances during the period, but it does not establish current availability, pricing or approval standards. Borrowers should consider growth together with portfolio size, mix and concentration.

Do banks headquartered outside New Hampshire appear in this ranking?

The ranking itself includes only the 16 banks headquartered in New Hampshire. Out of state institutions can still serve borrowers through local branches. TD Bank, N.A., headquartered in Delaware, has 43 New Hampshire branches and $10.7 billion in deposits in the state. Citizens Bank, N.A., headquartered in Rhode Island, has 40 branches and $8.9 billion in state deposits. Their reported total CRE portfolios, $30.4 billion and $26.9 billion, cover all states rather than New Hampshire alone. That reporting difference is why they are discussed separately from the ranked table.

More BestCRE lender rankings

CRE lenders by state

BestCRE rankings are editorially independent and built only from public regulatory filings; no bank pays for placement. Call report figures describe loans held on each bank’s balance sheet and do not show loan terms, rates or current appetite. BestCRE is not a lender and does not make loans. Benchmark rates are informational, not quotes. See our Legal Disclaimer and Compensation Disclosure.

Nebraska’s largest locally headquartered commercial real estate bank lenders vary considerably in portfolio size, composition, growth and concentration. The 25 banks in the BestCRE table hold $23.0 billion in total CRE loans, including $5.4 billion in construction and land loans, $3.4 billion in multifamily loans, $5.3 billion in owner occupied loans and $8.8 billion in investor nonfarm nonresidential loans. BestCRE ranks institutions by total commercial real estate loans reported in FDIC Call Reports as of June 30, 2026. These balances cover each bank’s entire portfolio, including loans outside Nebraska, and do not represent commitments available to a particular borrower or property.

The broader group of 138 banks headquartered in Nebraska reports $28.0 billion in commercial real estate loans, up +6.4% year over year. The top five account for 51.8% of that total, showing that much of the state’s bank CRE exposure is concentrated among a small group of institutions. Nationally, 4,167 banks report $3.07 trillion in total CRE loans. The ranking should be treated as a starting point for identifying active banks, not as evidence that a lender will approve a specific request. Property type, location, borrower relationship and current portfolio constraints still shape a bank’s willingness to consider a transaction.

Nebraska banks ranked by total CRE loans

Source: FDIC Call Reports as of June 30, 2026 (schedule RC-C). Dollar figures in millions. Change, 1 year compares total CRE loans with June 30, 2025. Bank names link to each bank’s FDIC record. Table shows the top 25 of 138 banks headquartered in Nebraska.

First National Bank of Omaha leads with $6.0 billion in CRE loans, including $2.0 billion in investor nonfarm nonresidential loans and $1.9 billion in construction and land loans. Pinnacle Bank and Union Bank and Trust Company follow with $3.5 billion each. Their mixes differ: Pinnacle Bank reports $635.3 million in multifamily loans, while Union Bank and Trust Company reports $934.5 million in owner occupied loans. Growth also varies. Security First Bank increased its CRE portfolio by +28.3%, Dundee Bank by +27.6% and Riverstone Bank by +26.9%, while Cornerstone Bank declined -14.8%. Concentration is another point of distinction. Enterprise Bank has 77.7% of its loans in CRE, compared with 24.6% at First National Bank of Omaha. Dundee Bank’s investor CRE to equity ratio is 5.11x, high relative to the other banks in the table, while First National Bank of Omaha reports 1.12x.

Out of state banks with branches in Nebraska

Source: FDIC Summary of Deposits 2026. Deposits and branches are for Nebraska only; CRE loans are bank wide.

The ranking provides a starting point for a bank loan search

Total CRE loans indicate the size of a bank’s existing commercial property book. A larger balance can suggest greater appetite and hold capacity, while year over year growth identifies institutions that are adding CRE loans. First National Bank of Omaha reports $6.0 billion and +6.7% growth. Security First Bank is smaller at $691.1 million but reports +28.3% growth. Neither measure establishes that a bank will pursue a particular transaction, but both can help borrowers decide which institutions merit an initial call.

Borrowers should next compare portfolio mix with the property and purpose of the requested financing. Construction and land, multifamily, owner occupied, and investor nonfarm nonresidential balances show where a bank has accumulated exposure. Concentration can also signal that an institution may be selective as it manages its existing book. Bank lending remains relationship driven and local, so the most useful process is to contact several plausible lenders, describe the property and sponsorship clearly, and ask whether the request fits current priorities and capacity.

Loan mix and concentration identify material differences among banks

First National Bank of Omaha has the largest construction and land balance in the ranking at $1.9 billion and the largest investor nonfarm nonresidential balance at $2.0 billion. Pinnacle Bank reports $635.3 million in multifamily loans, while Union Bank and Trust Company reports $1.5 billion in investor nonfarm nonresidential loans and $934.5 million in owner occupied loans. Farther down the table, Horizon Bank’s $316.9 million CRE portfolio consists largely of $168.7 million in construction and land loans and $135.1 million in multifamily loans.

CRE share of total loans and investor CRE to equity provide separate views of concentration. Horizon Bank reports a 78.6% CRE share, Enterprise Bank reports 77.7%, and Cornhusker Bank reports 69.1%. Their portfolio sizes and mixes remain different, so the concentration figures should not be read in isolation. Investor CRE to equity is 5.11x at Dundee Bank, 4.94x at Enterprise Bank and 4.66x at Cornhusker Bank, all high relative to many banks in the table. A concentrated bank may still be active, but borrowers should expect portfolio composition to matter when the institution evaluates another CRE exposure.

Out of state banks and nonbank lenders broaden the comparison

This ranking covers banks headquartered in Nebraska. Banks based elsewhere also lend through Nebraska branches, but their reported CRE balances cover all states. Wells Fargo Bank, N.A., headquartered in South Dakota, has 32 Nebraska branches, $5.7 billion in Nebraska deposits and $121.6 billion in total CRE loans. U.S. Bank, N.A., headquartered in Ohio, has 34 branches, $3.9 billion in deposits and $50.7 billion in CRE loans. Associated Bank, N.A. has 23 branches, $2.9 billion in deposits and $10.6 billion in CRE loans.

Borrowers can also compare banks with debt funds, life companies, CMBS, agency and SBA lenders, none of which appear in bank call reports. These sources may evaluate properties and borrowers under different frameworks, so a broad comparison can reveal which channel fits the requested property type and transaction. Current benchmarks provide context for that process: as of Oct 26, 2026, the Prime rate is 7.00%, SOFR is 3.89%, the 5 year Treasury is 4.78%, the 10 year Treasury is 4.96% and Fed funds is 3.88%. These benchmarks are not offers from the ranked banks.

Frequently Asked Questions

Which Nebraska bank has the largest commercial real estate loan portfolio?

First National Bank of Omaha ranks first among Nebraska headquartered banks with $6.0 billion in total CRE loans as of June 30, 2026. Its portfolio includes $1.9 billion in construction and land loans, $609.7 million in multifamily loans, $1.5 billion in owner occupied loans and $2.0 billion in investor nonfarm nonresidential loans. Its CRE book increased +6.7% year over year and represents 24.6% of total loans. The bank is also ranked 91 nationally by total CRE loans.

How does BestCRE define commercial real estate loans in this ranking?

BestCRE uses the CRE categories reported on schedule RC-C of the FDIC Call Reports. The total combines construction and land development, multifamily, owner occupied nonfarm nonresidential, and investor nonfarm nonresidential loans. Across the 25 ranked banks, those categories total $5.4 billion, $3.4 billion, $5.3 billion and $8.8 billion, respectively, producing $23.0 billion in total CRE loans. The figures are reported bankwide and therefore are not limited to properties located in Nebraska.

What does a bank’s national CRE rank mean?

The national rank compares a Nebraska headquartered bank’s total CRE loans with those reported by all 4,167 banks in the FDIC data. First National Bank of Omaha ranks 91 nationally with $6.0 billion, Pinnacle Bank ranks 139 with $3.5 billion, and Union Bank and Trust Company ranks 140 with $3.5 billion. The position measures portfolio size only. It does not score credit terms, service, approval likelihood, local market knowledge or the suitability of a bank for a specific transaction.

Which ranked Nebraska banks reported the fastest CRE growth?

Security First Bank reports the largest positive year over year change in the table at +28.3%, bringing total CRE loans to $691.1 million. Dundee Bank follows at +27.6% with $558.4 million, and Riverstone Bank reports +26.9% with $265.8 million. Growth shows that these banks added CRE balances over the period, but it does not identify the source of that change or indicate future lending. Borrowers should consider growth alongside portfolio mix, CRE concentration and the size of the existing loan book.

How current are the Nebraska commercial lender rankings?

The loan balances, growth measures and concentration figures are based on FDIC Call Reports as of June 30, 2026. Nebraska branch and deposit information comes from the FDIC Summary of Deposits 2026. Market benchmarks are more recent, dated Oct 26, 2026. On that date, SOFR is 3.89% and the 10 year Treasury is 4.96%. Reporting dates matter because bank portfolios and market benchmarks change. The ranking is a factual snapshot and should be paired with direct lender conversations about current interest and capacity.

More BestCRE lender rankings

CRE lenders by state

BestCRE rankings are editorially independent and built only from public regulatory filings; no bank pays for placement. Call report figures describe loans held on each bank’s balance sheet and do not show loan terms, rates or current appetite. BestCRE is not a lender and does not make loans. Benchmark rates are informational, not quotes. See our Legal Disclaimer and Compensation Disclosure.

North Dakota’s largest bank commercial real estate portfolios vary substantially in size, composition and recent direction. The 25 banks in the ranked table hold $17.8 billion in total CRE loans, including $2.3 billion in construction and land loans, $3.6 billion in multifamily loans, $4.7 billion in owner occupied loans and $7.1 billion in investor nonfarm nonresidential loans. BestCRE ranks these institutions by total commercial real estate loans reported in FDIC Call Reports as of June 30, 2026. The table also presents year-over-year change, CRE share of total loans, investor CRE relative to equity capital and each bank’s national rank.

The ranking covers banks headquartered in North Dakota, not every lender available to a North Dakota property owner or investor. The state has 60 headquartered banks with $18.1 billion in total CRE loans, up +7.1% year-over-year. The top five hold 66.6% of that total, showing how strongly the largest institutions influence the statewide figures. Banks headquartered elsewhere can also lend through North Dakota branches, while debt funds, life companies, CMBS, agency and SBA lenders fall outside bank call reports. Borrowers should therefore treat the table as a focused starting point for identifying banks with relevant portfolio capacity and activity, rather than as a complete directory of financing sources.

North Dakota banks ranked by total CRE loans

Source: FDIC Call Reports as of June 30, 2026 (schedule RC-C). Dollar figures in millions. Change, 1 year compares total CRE loans with June 30, 2025. Bank names link to each bank’s FDIC record. Table shows the top 25 of 60 banks headquartered in North Dakota.

Bell Bank is the clear portfolio leader at $5.3 billion, including $2.6 billion in investor nonfarm nonresidential loans and $1.3 billion in multifamily loans. First International Bank & Trust follows with $2.3 billion and reports the largest construction and land balance among the ranked banks at $534.1 million. Alerus Financial, N.A. ranks 3 with $2.0 billion, although its CRE balance changed -5.3% year-over-year. Growth differs sharply across the table. Gate City Bank reported +23.5%, Bravera Bank +19.3% and First Western Bank & Trust +7.5%. Concentration also varies. Choice Financial Group reports CRE equal to 49.3% of total loans, compared with 18.1% at Gate City Bank. First International Bank & Trust has investor CRE to equity of 3.20x, while Bell Bank reports 2.94x. These figures describe portfolio size and exposure, not individual credit terms or current lending decisions.

Out of state banks with branches in North Dakota

Source: FDIC Summary of Deposits 2026. Deposits and branches are for North Dakota only; CRE loans are bank wide.

Portfolio evidence can guide a focused bank search

Total CRE loans provide a practical indication of a bank’s demonstrated appetite and potential hold capacity. A borrower seeking a larger relationship might begin with Bell Bank at $5.3 billion, First International Bank & Trust at $2.3 billion, Alerus Financial, N.A. at $2.0 billion or Choice Financial Group at $1.6 billion. Smaller portfolios can still be relevant, particularly when their property mix aligns with the requested financing. The ranking should narrow the call list, but it does not establish whether a bank will approve a particular property, sponsor or structure.

Borrowers can use the portfolio columns to identify banks with meaningful exposure to the applicable property category, then review growth and concentration before making contact. Positive year-over-year change shows which institutions were adding CRE balances at the reporting date. A high CRE share or investor CRE to equity ratio can signal that a bank may be selective because real estate already represents a substantial part of its balance sheet. Lending remains relationship driven and local, so borrowers should compare several institutions and discuss the property, sponsorship and existing banking relationship directly.

Loan mix reveals distinct areas of balance sheet activity

The category balances show where each bank’s existing CRE exposure is concentrated. Bell Bank’s $5.3 billion portfolio includes $2.6 billion of investor nonfarm nonresidential loans, $1.3 billion of multifamily loans, $1.0 billion of owner occupied loans and $433.0 million of construction and land loans. First International Bank & Trust has a different mix: $763.2 million in investor nonfarm nonresidential loans, $611.0 million in owner occupied loans, $534.1 million in construction and land loans and $359.9 million in multifamily loans. Those balances show established activity without describing current underwriting preferences.

Concentration measures add context to the category totals. Alerus Financial, N.A. and Starion Bank each report CRE equal to 49.0% of total loans, while First State Bank & Trust also reports 49.0%. Bell Bank’s CRE share is 40.3%, and Bravera Bank’s is 32.5%. Investor CRE to equity ranges from 3.35x at Unison Bank and 3.20x at First International Bank & Trust to 0.22x at BankNorth and 0.19x at The Union Bank. The higher ratios are high relative to the other banks in the table and may be relevant when assessing which institutions could be more selective.

North Dakota borrowers have additional lending channels

Banks headquartered outside North Dakota can maintain meaningful local operations. Old National Bank has 14 North Dakota branches and $2.0 billion in deposits in the state, while reporting $23.0 billion in total CRE loans across all states. U.S. Bank, N.A. has 15 branches, $2.0 billion in state deposits and $50.7 billion in total CRE loans. Wells Fargo Bank, N.A. has 12 branches, $1.8 billion in state deposits and $121.6 billion in total CRE loans. Their nationwide CRE balances do not show how much is attributable to North Dakota, but their branches place them within the local banking market.

Other out of state institutions with North Dakota branches include Dacotah Bank, BNC National Bank, BMO Bank, N.A., Frandsen Bank & Trust, JPMorgan Chase Bank, N.A., Hometown Community Bank and American Bank & Trust. Borrowers may also compare debt funds, life companies, CMBS, agency and SBA lenders, none of which appear in bank call report rankings. Each source can evaluate financing differently, so comparing several channels helps borrowers test availability and fit. The ranked table remains most useful as evidence of bank portfolio activity, while branch presence and nonbank alternatives broaden the search beyond North Dakota headquartered institutions.

Frequently Asked Questions

How were North Dakota commercial real estate banks ranked?

BestCRE ranks banks headquartered in North Dakota by total commercial real estate loans reported in FDIC Call Reports as of June 30, 2026. The underlying reporting source is the Reports of Condition and Income, schedule RC-C. The table separates construction and land, multifamily, owner occupied, and investor nonfarm nonresidential balances, while also showing year-over-year change, CRE share of total loans, investor CRE to equity and national rank. The 25 ranked banks hold $17.8 billion in total CRE loans. FDIC Summary of Deposits 2026 information is used separately to identify out of state banks with North Dakota branches.

Which North Dakota bank has the largest construction loan portfolio?

First International Bank & Trust reports $534.1 million in construction and land loans, the largest balance among the ranked North Dakota headquartered banks. That category forms part of its $2.3 billion total CRE portfolio, alongside $359.9 million in multifamily loans, $611.0 million in owner occupied loans and $763.2 million in investor nonfarm nonresidential loans. Bell Bank reports the next largest construction and land balance at $433.0 million. These figures identify existing portfolio exposure as of June 30, 2026, but they do not indicate current pricing, available proceeds or whether either institution will approve a specific project.

Which ranked bank reported the fastest CRE growth?

The Union Bank reported the largest positive year-over-year change in the table at +46.8%. Its total CRE portfolio was $38.8 million, including $1.7 million in construction and land loans, $4.1 million in multifamily loans, $33.0 million in owner occupied loans and $0 in investor nonfarm nonresidential loans. Gate City Bank, with $542.2 million in total CRE loans, reported +23.5%, while Dakota Community Bank & Trust, N.A., with $203.9 million, reported +21.4%. Growth can identify banks that were adding balances, but portfolio size and category mix remain important when assessing relevance to a particular request.

Does the ranking include every bank lending in North Dakota?

No. The ranking covers banks headquartered in North Dakota. Banks based elsewhere may still lend through local branches. Old National Bank has 14 branches and $2.0 billion in North Dakota deposits, U.S. Bank, N.A. has 15 branches and $2.0 billion, and Wells Fargo Bank, N.A. has 12 branches and $1.8 billion. Their reported total CRE portfolios across all states are $23.0 billion, $50.7 billion and $121.6 billion, respectively. Those national balances should not be interpreted as North Dakota loan totals. The distinction between headquarters and branch presence matters when borrowers build a complete local contact list.

What benchmark interest rates provide context for a CRE loan search?

As of Oct 26, 2026, the Prime rate was 7.00%, SOFR was 3.89%, the 5 year Treasury was 4.78%, the 10 year Treasury was 4.96% and Fed funds was 3.88%. These are market benchmarks, not quoted loan rates from the banks in the ranking. Actual financing terms cannot be inferred from FDIC portfolio balances. Borrowers can use the benchmarks as general context when speaking with banks and other capital sources, but should request current proposals directly and compare the complete economics and structure offered for the specific property and borrower.

More BestCRE lender rankings

CRE lenders by state

BestCRE rankings are editorially independent and built only from public regulatory filings; no bank pays for placement. Call report figures describe loans held on each bank’s balance sheet and do not show loan terms, rates or current appetite. BestCRE is not a lender and does not make loans. Benchmark rates are informational, not quotes. See our Legal Disclaimer and Compensation Disclosure.