MBA: 2022 Commercial/Multifamily Lending Down 8%

Total commercial real estate mortgage borrowing and lending fell to $816 billion in 2022, an 8 percent decrease from the record $891 billion in 2021 but a 33 percent increase from $614 billion in 2020, the Mortgage Bankers Association reported Thursday.

MBA: 2022 Commercial/Multifamily Lending Down 8%

Total commercial real estate mortgage borrowing and lending fell to $816 billion in 2022, an 8 percent decrease from the record $891 billion in 2021 but a 33 percent increase from $614 billion in 2020, the Mortgage Bankers Association reported Thursday.