MBA: Commercial/Multifamily Borrowing Increased 36% in the Third Quarter of 2025
Commercial and multifamily mortgage loan originations were 36% higher in the third quarter of 2025 compared to a year earlier, and increased 18% from the second quarter of 2025, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
MBA Responds to FHFA’s Proposed 2026-2028 Housing Goals
The Mortgage Bankers Association sent a comment letter to the Federal Housing Finance Agency in response to the agency’s proposed rule on its 2026-2028 housing goals for Fannie Mae and Freddie Mac, the GSEs.
CREF Policy Update: Federal Reserve Cuts Rates by 25 Basis Points; Government Shutdown Ongoing
Commercial and multifamily developments and activities from MBA important to your business and our industry.
RealPage Reports Strong Retention Offsets Cooling Apartment Demand
The average advertised apartment rent decreased during the third quarter–for only the second time since 2009–according to RealPage, Richardson, Texas.
RentCafe: Adaptive Reuse at Record Levels
RentCafe, Santa Barbara, Calif., found the number of apartments from converted buildings hit nearly 25,000 in 2024.
Single-Family Rent Growth Falls to Lowest Level in 15-Plus Years, Cotality Finds
Cotality, Irvine, Calif., reported that single-family rent prices in August 2025 increased 1.4% from August 2024–significantly less than the 3% average increase a year ago.
Hotel Rooms Under Construction Increase Slightly
The number of hotel rooms in the construction pipeline increased slightly from a year ago, according to Lodging Econometrics, Portsmouth, N.H.
Dealmaker: JLL Arranges $1.2B Refinancing of Dallas Shopping Destination
JLL’s Capital Markets Group arranged a $1.2 billion refinancing package for NorthPark Center, a Class A super-regional shopping center in Dallas.
