Multifamily Lending Declined 1% Between 2021-22: MBA

Housing Wire, Aug. 1, 2023-Chris Clow (subscription)
More than 2,200 different multifamily lenders provided $480.1 billion in new mortgages for apartment buildings with five or more units in 2022, a reduction of around 1% when compared to 2021 levels. This is according to an annual report of the multifamily lending market compiled and released by the Mortgage Bankers Association (MBA).