MBA: 17% of Commercial and Multifamily Mortgage Balances to Mature in 2026

SAN DIEGO–Seventeen percent ($875 billion) of $5.0 trillion of outstanding commercial mortgages held by lenders and investors is scheduled to mature in 2026, a 9% decrease from the $957 billion that was scheduled to mature in 2025. This is according to MBA’s 2025 Commercial Real Estate Survey of Loan Maturity Volumes released at the 2026 Commercial Multifamily Finance Convention and Expo.

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.