Chart of the Week: Multifamily Market Share by Capital Source

This Chart of the Week focuses on the distribution of the multifamily market share by capital source. The multifamily market is a fundamental part of the broader commercial real estate market, and originations have been strong throughout 2025. The figure reports MBA estimates of the shares of originations by each capital source, overlaid with total multifamily origination volumes.

Federal Government Shuts Down; Read MBA’s Shutdown Member Guide

As of yesterday morning, the federal government is shut down after Congress failed to come to an agreement on Fiscal Year (FY) 2026 funding. Read MBA’s member guide that outlines the potential impacts to single-family and multifamily government lending programs.

CMF Quote of the Week

“MBA stands ready to work with the administration and Congress on freeing Fannie and Freddie from conservatorship, but MBA will take a back seat to no one in insisting that it is done the right way and does not disrupt the critical role they play in the U.S. housing finance system.”
–Mortgage Bankers Association President and CEO Bob Broeksmit, CMB