Multifamily Lending Increased 17% to $289 Billion in 2024, MBA Finds

In 2024, 2,463 different multifamily lenders originated a total of $288.7 billion in new mortgages for multifamily properties with five or more units, according to the Mortgage Bankers Association’s (MBA) annual report of the multifamily lending market.

CMF Quote of the Week

“Following 2023’s low-volume year, multifamily lending picked up in 2024, with activity increasing across lenders of all sizes and capital sources. While the multifamily market is served by some of the largest institutions in the country, it remains broad and diverse, with more than half of lenders active in the space making only a handful of loans in a year.”
–Reggie Booker, MBA’s Associate Vice President of Commercial Real Estate Research

Redfin: Seasonal Towns Stagnating

Redfin, Seattle, released a new report finding that the number of homes sold in seasonal towns fell 3% year-over-year, compared with a 1% decline in non-seasonal towns.

Redfin: Seasonal Towns Stagnating

Redfin, Seattle, released a new report finding that the number of homes sold in seasonal towns fell 3% year-over-year, compared with a 1% decline in non-seasonal towns.

Altus Group: CRE Transaction Volume Up in Q2

Altus Group, Toronto, released its Q2 2025 U.S. CRE Investment and Transactions report, finding that aggregate transaction volume totaled $115 billion, up 3.8% from Q2 2024.