In 2024, 2,463 different multifamily lenders originated $288.7 billion in new mortgages for multifamily properties with five or more units, according to MBA’s annual report on the multifamily lending market.
Tag: Commercial
20% of Commercial and Multifamily Mortgage Balances Mature in 2025
Twenty percent ($957 billion) of $4.8 trillion of outstanding commercial mortgages held by lenders and investors will mature in 2025, a 3% increase from the $929 billion that matured in 2024, according to the Mortgage Bankers Association’s 2024 Commercial Real Estate Survey of Loan Maturity Volumes, released Feb. 10 at the 2025 Commercial/Multifamily Finance Convention and Expo.
Moody’s: Commercial Real Estate Sees Mixed Results in Q4
Moody’s, New York, released a look at Q4 2024 trends for commercial and multifamily real estate, finding in large part a continuation of trends from past quarters.
MBA’s David Upbin Breaks Down Changes to Education Advantage for Commercial Members
MBA NewsLink talked to David Upbin, Mortgage Bankers Association Vice President, Education and Strategy, about the changes to MBA’s Education Advantage for commercial members, and how companies can benefit from the offerings.
CBRE: Urban Retail on the Road to Recovery
CBRE, Dallas, released a new report showing that, despite some current perceptions, the overall landscape for urban retail is making a solid recovery.
Urban Land Institute: 2024 Will Continue to See Challenges, but Optimism Ahead
The Urban Land Institute, Washington, released its Real Estate Economic Forecast for Spring 2024. Among the major takeaways–while 2024 is seeing a solid economy, high interest rates continue to weigh on the industry.
CRED iQ: Commercial Loan Modifications Surged in 2023
CRED iQ, Wayne, Pa., reported the number of commercial loan modifications jumped significantly in 2023 from 2022. And, the firm anticipates that trend will persist in 2024.
MBA: Commercial and Multifamily Mortgage Debt Outstanding Increased in Fourth Quarter
The level of commercial and multifamily mortgage debt outstanding at the end of 2023 was $130 billion (2.8%) higher than at the end of 2022, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.