MBA: Commercial/Multifamily Borrowing Increases 42% in the First Quarter of 2025

Commercial and multifamily mortgage loan originations were 42% higher in the first quarter of 2025 compared to a year earlier, and decreased 40% from the fourth quarter of 2024, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

Total Commercial Real Estate Borrowing and Lending Increased 16% in 2024

Total commercial real estate mortgage borrowing and lending is estimated to have totaled $498 billion in 2024, a 16% increase from the $429 billion in 2023, and a 39% decrease from $816 billion in 2022, according to MBA’s 2024 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.

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The Commercial Real Estate Finance Careers Student Fellowship program provides college students, including those from groups traditionally underrepresented in the industry, with a package of networking and educational opportunities centered on the $4.5 trillion commercial real estate finance industry.

MBA Forecast: 2023 Commercial/Multifamily Lending to Fall 20%

CHICAGO–Total commercial and multifamily mortgage borrowing and lending is expected to fall to $654 billion this year, a 20 percent decline from $816 billion in 2022, according to an updated baseline forecast released here by the Mortgage Bankers Association at its 2023 Commercial/Multifamily Finance Servicing & Technology Conference.

Support the Next Generation of CREF Professionals

The Commercial Real Estate Finance Careers Student Fellowship program provides college students, including those from groups traditionally underrepresented in the industry, with a package of networking and educational opportunities centered on the $4.5 trillion commercial real estate finance industry.