MBA: 4Q Commercial, Multifamily Mortgage Debt Outstanding Up By $324B

Commercial/multifamily mortgage debt outstanding at year-end 2022 rose by $324 billion (7.7 percent) from the previous year, the Mortgage Bankers Association’s latest quarterly Commercial/Multifamily Mortgage Debt Outstanding Report said.

MBA: 4Q Commercial, Multifamily Mortgage Debt Outstanding Up By $324B

Commercial/multifamily mortgage debt outstanding at year-end 2022 rose by $324 billion (7.7 percent) from the previous year, the Mortgage Bankers Association’s latest quarterly Commercial/Multifamily Mortgage Debt Outstanding Report said.

Institutional Investors Expecting Returns to Drop

The Pension Real Estate Association, Chicago, said institutional investors expect the NCREIF Property Index of total returns to decline this year before bouncing back next year.

#MBACREF23: 2023 Commercial/Multifamily Mortgage Maturity Volumes Up 33 Percent

SAN DIEGO – The Mortgage Bankers Association said $331.2 billion of the $2.8 trillion (12 percent) of outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2023, a 33 percent increase from the $249 billion that matured in 2022.