MBA: Multifamily Lending Declined 49% to $246 Billion in 2023

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.

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.