MBA Paper Updates Current Trends in Commercial/Multifamily Mortgage Financing

Research released by the Mortgage Bankers Association identifies headwinds and tailwinds the market faces, summarizes available data on current market conditions and discusses different sources of capital now playing a role in the market.

“2017 was the strongest year on record for commercial and multifamily real estate finance,” said MBA Vice President of Commercial Real Estate Research Jamie Woodwell. “Mortgage bankers closed a record-high $530 billion in loans backed by commercial and multifamily properties, the total amount of mortgage debt outstanding grew to $3.1 trillion and for most capital sources, mortgage delinquency rates were at or near all-time lows.”

Woodwell said much of that momentum should carry forward, “but a series of headwinds and tailwinds are matching up to raise the level of uncertainty about how the year as a whole will play out.”

The report is available for free download at