Commercial and multifamily mortgage bankers are expected to close $395 billion of loans backed by income-producing properties in 2020, a 34 percent decline from 2019’s record $601 billion, according to a new Mortgage Bankers Association forecast.
Tag: MBA CREF Forecast
MBA Chart of the Week: Where from Here? One Scenario
On Sunday, we kicked off CREF 2020–MBA’s 2020 Commercial Real Estate Finance/Multifamily Housing Convention & Expo, with an economic and mortgage market update. One of the main messages: the commercial/multifamily markets ended 2019 on a very strong note.