Commercial Property Executive unveils its 2026 ranking of the top real estate finance firms. The combined activity of these 20 leading firms reflects a more encouraging capital market environment than the lingering headwinds would suggest. Between Oct. 1, 2024, and Sept. 30, 2025, our leading firms collectively wrote or arranged more than $285.3 billion in debt and equity financing—nearly $100 billion more than the previous 12-month period…

