MBA: Record-High 1Q Commercial/Multifamily Mortgage Debt Outstanding

Commercial/multifamily mortgage debt outstanding increased by $74.2 billion (1.8 percent) to record levels in the first quarter, the Mortgage Bankers Association reported Thursday in its quarterly Commercial/Multifamily Mortgage Debt Outstanding Report.

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.

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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.