MBA: 2Q Commercial/Multifamily Mortgage Debt Outstanding Up 1.5%

Commercial/multifamily mortgage debt outstanding increased by $60.7 billion (1.5 percent) in the second quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding report.

MBA: Second Quarter Commercial/Multifamily Borrowing Bounces Back

Commercial and multifamily mortgage loan originations jumped by 106 percent in the second quarter from a year ago and increased by 66 percent from the first quarter, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

MBA: 2021 Commercial/Multifamily Lending to Increase 31% to $578 Billion

Commercial and multifamily mortgage bankers are expected to close $578 billion in loans backed by income-producing properties in 2021, a 31 percent increase from 2020’s volume of $442 billion, according to a new forecast from the Mortgage Bankers Association.

MBA: Multifamily Lending Hits $360 Billion in 2020

Last year 2,140 different multifamily lenders provided a total of $359.7 billion in new mortgages for apartment buildings with five or more units, the Mortgage Bankers Association reported.