
MBANow: Economist Jamie Woodwell on MBA’s New Commercial Real Estate Forecast
The Mortgage Bankers Association’s latest MBANow video on YouTube features MBA Vice President of Commercial Real Estate Research Jamie Woodwell discussing the new Commercial/Multifamily Mortgage Finance Forecast.
“It’s really interesting; despite a lot of the economic uncertainty out there, fundamentals for commercial real estate and commercial real estate finance remain strong,” Woodwell said in the video. But he noted that MBA revised its 2016 commercial/multifamily forecast downward slightly, projecting $500 billion in commercial and multifamily mortgage originations compared to $504 billion in 2015.
Woodwell said by the end of the year he expects to see about $2.9 trillion of commercial and multifamily debt outstanding.
To view the video, click https://www.youtube.com/watch?v=deT_rWjONv0.