The City
of Angels is often thought to be a bit different from the rest
of the country, so maybe it should come as no surprise that it was
alternative lenders that grabbed the biggest share
of the pie after U.S. national banks, issuing 17 percent
of the loans originated by the
top 20
lenders in Los Angeles in the first six months
of the year.
These
alternative lenders, defined here as non-bank
lenders excluding insurance and pension providers, include commercial real estate finance company Walker & Dunlop and commercial mortgage financing provider Ladder Capital, among L.A.'s
top 10 commercial loan originators in the first half
of the year.