Commercial/Multifamily Borrowing Increased 36% in Third Quarter

Commercial and multifamily mortgage loan originations were 36% higher in the third quarter of 2025 than a year earlier, according to MBA’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

MBA: Multifamily Lending Increased 17% to $289B in 2024

In 2024, 2,463 different multifamily lenders originated $288.7 billion in new mortgages for multifamily properties with five or more units, according to MBA’s annual report on the multifamily lending market.