#CREF2020: MBA: Commercial/Multifamily Borrowing Hits New High to Close Out 2019

SAN DIEGO–A 7 percent increase in commercial and multifamily mortgage originations in the fourth quarter capped off a strong 2019 for the market, according to preliminary estimates from the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

Commercial/Multifamily Briefs

Walker & Dunlop and GeoPhy launched Apprise, a new firm that will leverage technology and data science to improve the consistency, transparency and speed of multifamily appraisals.

Fed Holds Line on Benchmark Rates

The Federal Open Market Committee, anticipating no dramatic changes to the U.S. economy in the near future, concluded its two-day policy meeting last week with no action on key interest rates.

MBA Chart of the Week: CMBS Annual Issuance Volume

After a slow start in 2019, the commercial mortgage-backed securities market ended strong, with $39.1 billion of private-label CMBS issuance during the fourth quarter – more than double the $18.8 …

‘Silicon Prairie’ Communities Top List of Up-and-Coming Tech Markets

Looking for a place to launch–or provide a mortgage to–a startup? Oklahoma City, Kansas City and Jacksonville provide best potential for growth, while affordability and labor-competition challenges see Silicon Valley desirability fade, according to a new report from Zillow Inc., Seattle.