Commercial mortgage delinquencies increased in the fourth quarter of 2023, according to the Mortgage Bankers Association’s latest Commercial Delinquency Report.
Tag: Jamie Woodwell
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.
MBA CREF Forecast: Commercial/Multifamily Borrowing and Lending Expected to Increase to $576 Billion in 2024
Total commercial and multifamily mortgage borrowing and lending is expected to rise to $576 billion in 2024, which is a 29% increase from 2023’s estimated total of $444 billion. This is according to an updated baseline forecast released today by the Mortgage Bankers Association (MBA).
MBA Chart of the Week: End of Quarter Delinquency Status
Ongoing challenges in commercial real estate markets pushed the delinquency rate on CRE-backed loans higher in the final three months of 2023.
MBA: Delinquency Rates for Commercial Properties Increased in Fourth-Quarter 2023
Delinquency rates for mortgages backed by commercial properties increased during the fourth quarter of 2023, according to the Mortgage Bankers Association’s latest commercial real estate finance Loan Performance Survey.
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.