MBA: Commercial/Multifamily Maturing Mortgage Volume Up 51%

ORLANDO–11 percent, or $183.3 billion out of $1.7 trillion in outstanding commercial and multifamily mortgages held by non-bank lenders and investors, will mature in 2016, a 51 percent increase from $121.0 billion that matured in 2015, the Mortgage Bankers Association reported.

Zillow: Rents to Flatten in 2016

Apartment rent appreciation should level off over the next 12 months, slowing to an annual rate of 1.1 percent by December, said Zillow, Seattle.

Small-Balance Originations Jump

Commercial loan originations under $5 million grew by 5 percent in third-quarter 2015 and a sizable 8.7 percent year over year, reported Boxwood Means, Stamford, Conn.

‘Flood of Capital’ Into Multifamily

The flood of capital into multifamily real estate shows no signs of lessening–especially given large private equity funds’ recent multi-billion dollar acquisitions–reported Yardi Matrix, Englewood, Colo.

CMBS Contrasts Emerge

Falling delinquencies and slowing special servicing loan transfers year-over-year contributed to improved performance metrics for commercial mortgage-backed securities, but leverage now approaches the pre-crisis peak, analysts said.