#MBACREF23: 4Q Commercial/Multifamily Borrowing Down 54%

SAN DIEGO–Commercial and multifamily mortgage loan originations were 54 percent lower in the fourth quarter from a year ago and decreased by 23 percent from the third quarter, the Mortgage Bankers Association reported Monday.

#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.