Commercial and multifamily mortgage delinquencies declined in the first quarter, the Mortgage Bankers Association reported in its Commercial/Multifamily Delinquency Report.
Tag: Jamie Woodwell
MBA: 1Q Commercial/Multifamily Borrowing Jumps 72% from Year Ago
Commercial and multifamily mortgage loan originations increased by 72 percent in the first quarter from a year ago, the Mortgage Bankers Association reported Thursday.
Healthy Forecast for Commercial Real Estate
Commercial real estate can anticipate post-pandemic growth rooted in strong regional markets and steady commercial and multifamily lending, the Urban Land Institute said.
MBA Forecast: Commercial/Multifamily Lending Holds Steady Amid Higher Rates, Economic Uncertainty
Total commercial and multifamily mortgage borrowing and lending is expected to hold steady at a projected $895 billion in 2022, roughly in line with 2021 totals ($891 billion), the Mortgage Bankers Association said Monday.
MBA: Commercial, Multifamily Mortgage Bankers Originated $683B in 2021; Total Lending Tally Reaches $891B
Commercial and multifamily mortgage bankers closed $683.2 billion of loans in 2021, the Mortgage Bankers Association reported Thursday. MBA estimated total CRE lending including activity from smaller and mid-sized depositories totaled $890.6 billion.
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“Improving property fundamentals and strong price appreciation drove borrowing and lending backed by commercial and multifamily properties to new highs in 2021, with strong activity from every capital source.”
–Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.
MBA: CMF Mortgage Debt Outstanding Reaches New High
Commercial/multifamily mortgage debt outstanding at year-end 2021 rose by $287 billion (7.4 percent) from the previous year, the Mortgage Bankers Association reported Wednesday.
MBA: 4Q Commercial, Multifamily Mortgage Delinquency Rates Decline
Commercial and multifamily mortgage delinquencies declined in the fourth quarter, the Mortgage Bankers Association reported Monday in its Commercial/Multifamily Delinquency Report.
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“Strong borrowing and lending backed by commercial and multifamily properties drove the level of mortgage debt outstanding to a new high at the end of 2021. The last three months of the year marked the largest quarterly increase in mortgage debt outstanding on record, as every major capital source increased their holdings.”
–Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.
Institutional Investors Expect Continued Momentum
Institutional investors expect last year’s commercial real estate momentum to carry over into this year and next, the Pension Real Estate Association reported.