Commercial/Multifamily Borrowing Increased 59% in Third Quarter, MBA Finds

Commercial and multifamily mortgage loan originations increased 59% in the third quarter of 2024 compared to a year ago, and increased 44% from the second quarter, according to MBA’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

MBA: Commercial/Multifamily Borrowing Increased 3% in the Second Quarter

Commercial and multifamily mortgage loan originations increased 3% in the second quarter compared to a year ago and increased 27% from the first quarter, according to MBA’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

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.