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. 

MBA Chart of the Week: Expectations for the CRE Borrowing/Lending Market

Even though many commercial real estate loans are long-lived, there’s a sense that the industry starts each year fresh. Sometimes, that means losing credit for all the deals and successes of the previous twelve months. Sometimes – like now – it means being able to put last year in the rearview mirror.