In 2023, 2,520 different multifamily lenders provided a total of $246.2 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association’s annual report of the multifamily lending market.
Tag: Multifamily Lending

MBA: Multifamily Lending Declined 1% in 2022 to $480 Billion
In 2022, 2,242 different multifamily lenders provided a total of $480.1 billion in new mortgages for apartment buildings with five or more units, the Mortgage Bankers Association’s annual report of the multifamily lending market said.

COVID-19 Pandemic to Cause Commercial/Multifamily Lending Pullback This Year
Commercial and multifamily mortgage bankers are expected to close $248 billion of loans backed by income-producing properties this year, a 59 percent decline from 2019’s record volume of $601 billion, a new Mortgage Bankers Association forecast said.