Total commercial real estate mortgage borrowing and lending is estimated to have totaled $429 billion in 2023, a 47% decrease from the $816 billion in 2022, and a 52% decrease from the record $891 billion in 2021.
Tag: Jamie Woodwell
MBA Chart of the Week–Multifamily: Rents Reverting
The pandemic did a number on the housing market.
MBA: Delinquency Rates for Commercial Properties Flat in First Quarter of 2024
Delinquency rates overall for mortgages backed by commercial properties were unchanged during the first quarter of 2024, but loans backed by office properties continued to see a rise in delinquencies. This is according to the Mortgage Bankers Association’s (MBA) latest commercial real estate finance (CREF) Loan Performance Survey.
MBA Chart of the Week: CRE Mortgage Debt Across Capital Sources, Property Types
This week’s Chart of the Week shows MBA’s estimates of the distribution of CRE mortgage debt across capital sources and property types and is derived from a variety of public and private sources.
MBA: Commercial and Multifamily Mortgage Delinquency Rates Increased in Fourth Quarter
Commercial mortgage delinquencies increased in the fourth quarter of 2023, according to the Mortgage Bankers Association’s latest Commercial Delinquency Report.
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.
MBA Chart of the Week: 2024 Commercial Mortgage Maturities Pushed Up by 2023 Extensions
Commercial mortgages tend to be relatively long-lived, spreading maturities out over several years.
Chart of the Week: MBA’s CREF Bingo Card
Many of us just returned from MBA’s Commercial Real Estate/Multifamily Finance Convention and Expo. That means we showcased our annual CREF BINGO card, highlighting the topics expected to be discussed in sessions, meetings, hallways and over drinks.
MBA: Commercial/Multifamily Borrowing Down 25% in the Fourth Quarter–#MBACREF24
SAN DIEGO–Commercial and multifamily mortgage loan originations were 25 percent lower in the fourth quarter of 2023 compared to a year earlier, and increased 13 percent from the third quarter of 2023, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, released here at MBA’s Commercial/Multifamily Finance Convention and Expo.
20% of Commercial and Multifamily Mortgage Balances Mature in 2024–#MBACREF24
SAN DIEGO–Twenty percent ($929 billion) of the $4.7 trillion of outstanding commercial mortgages held by lenders and investors will mature in 2024, a 28% increase from the $729 billion that matured in 2023, according to the Mortgage Bankers Association’s 2023 Commercial Real Estate Survey of Loan Maturity Volumes, released here at the 2024 Commercial/Multifamily Finance Convention and Expo.