Commercial and multifamily mortgage loan originations were essentially unchanged in the first quarter of 2024 compared to a year ago, and decreased 23% from the fourth quarter of 2023, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. 

Commercial and multifamily developments and activities from MBA important to your business and our industry.

RentCafe, Santa Barbara, Calif., found adaptive reuse projects grew last year. There were 17.6% more apartments converted from outdated buildings in 2023 compared with 2022.

A number of groups thank Reps. Mark Alford (R-Mo.), J. Luis Correa (D-Calif.), Tracey Mann (R-Kan.), and Brittany Pettersen (D-Colo.) for launching the Bipartisan Congressional Real Estate Caucus.

The pace of decline in U.S. commercial real estate prices decelerated in March, led by improvements in the industrial sector, Real Capital Analytics reported.

Industry personnel news from Gantry, M&T RCC, Peachtree Group, Pace Loan Group and Merchants Capital.

MBA NewsLink recently interviewed Greystone's Niraj Patel about Artificial Intelligence and digital transformation in commercial real estate.

Total nonfarm payroll employment increased by 175,000 in April, per the Bureau of Labor Statistics.

Greystone, New York, provided a $20.2 million Freddie Mac Optigo loan to refinance a construction loan for a multifamily property in Philadelphia.