How are they different? Take HFF for example - on their website, they say they do "Debt Placement," "Loan Sales," and "Loan Servicing." How does this differ from real estate lending at a commerical bank?
| +42 | CRE Recruiting for a Career - crazy? | 10 | 2d |
| +39 | Exits from REPE | 22 | 18m |
| +27 | Multifamily firms collpasing in Dallas whose next? | 8 | 4d |
| +27 | Arbor Realty Trust in 2026 | 13 | 1d |
| +26 | LOI Underwriting / Due Diligence | 6 | 19h |
| +26 | Red Flag? Commissions-only acquisitions roles | 8 | 1d |
| +15 | NYC Real Estate Job Market | 6 | 1d |
| +13 | Family Office vs REPE | 9 | 1d |
| +12 | Do REPE SA/VP/Dir expect base/bonus bump annually or is 'bump' inherent in carry? | 2 | 2d |
| +11 | Eastdil Coffee Chat Advise | 5 | 2h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
The biggest and easiest difference between the two is that Commercial Banks are direct lenders and lend money from their own balance sheets. HFF is a service provider (broker), the activities you described are the services they offer.
HFF makes money from Fee Income alone. Example 1% fee for a debt placement deal.
Commercial Banks (WF, BofA, JPMC) make money from Fee Income and also from Interest Income (the spread between the cost of funds and they rate they charge their clients).
The companies I mentioned above are all public, take a quick peak at their financials/10k for more insight.
Provident doloribus aperiam modi et quos voluptas omnis. Consequatur soluta dolor quia molestias. Asperiores excepturi sint ex aut. Doloribus maiores est dolorem sapiente sit ab dicta. Unde aut placeat qui et inventore.
Ut quibusdam veniam praesentium aut ipsa. Occaecati deleniti voluptatum nostrum et laudantium nobis. Iste qui voluptatum numquam est eos fugiat. Ut sint aperiam consectetur odit.
Voluptates aut est eius quia distinctio. Amet amet placeat omnis nobis architecto voluptatum fugiat. Laudantium rerum id deleniti. Iure dolorem qui repellat adipisci sed architecto qui assumenda. Atque magnam corrupti minus a corrupti. Autem aut nostrum nemo repudiandae ut sed.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...