Commercial and multifamily mortgage volume totaled $490.6 billion last year, according to the Mortgage Bankers Association’s (MBA) 2016 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation released today. While the reported dollar volume for commercial mortgage lending fell from 2015 to 2016 by three percent, 2016 was still good year for the industry. “Last year […]
Category: Multifamily Mortgage
Commercial Mortgage Debt Increased in Fourth Quarter of 2016
Commercial and multifamily mortgage debt increased by $46 billion in the fourth quarter of 2016, a 1.6% increase from the third quarter and a 5.8% increase year-over-year, according to the Mortgage Bankers Association (MBA). Commercial and multifamily debt outstanding hit a total of $2.96 trillion at the end of the fourth quarter. Multifamily mortgage debt […]
Commercial and Multifamily Originations Lead to Strong 2016 Finish
The mortgage industry saw a jump of 20% in commercial and multifamily originations between the third and fourth quarters of 2016, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. The survey also indicated that Q4 originations were down 7% year-over-year. However, initial estimates show that originations for the full […]
Closing Small-Balance Commercial Mortgages is Easy
Passing up on small-balance commercial mortgage requests is passing up on money; it’s as simple as that. Many residential and large-balance commercial brokers mistakenly think that these loans are not worth their time or that they will be too much effort to close. However, closing small-balance commercial mortgages with a lender like APEX is a […]
Commercial Mortgage Originations Expected to Increase in 2017
Commercial and multifamily mortgage originations are projected to grow to $537 billion in 2017, a 4% increase from the expected 2016 volumes of $515 billion, according to new data from the Mortgage Bankers Association (MBA). Multifamily mortgage originations are expected to reach $224 billion in 2017, with total multifamily lending hitting $272 billion. “Commercial real […]
Commercial Mortgage Originations Remain Steady Year-Over-Year
Commercial and multifamily mortgage originations for the first nine months of 2016 are up 2% from this time last year, according to a press release from the Mortgage Bankers Association (MBA). Commercial and multifamily originations for the third quarter of 2016 rose 5% from the same quarter last year and were up 7% from the […]
Commercial Mortgage Debt Outstanding Hits Record High
Commercial and multifamily mortgage debt outstanding hit a record high during the second quarter of 2016, according to data released by the Mortgage Bankers Association (MBA). The organization reported that multifamily mortgage debt outstanding rose by 2.6% from the first quarter, reaching $1.09 trillion, while commercial debt overall reached $2.09 trillion, a 1.4 percent increase. […]
Commercial Delinquencies Remain Low in Second Quarter
Delinquency rates for commercial and multifamily mortgage loans have remained low in the second quarter of 2016, according to the Mortgage Bankers Association’s Commercial/Multifamily Delinquency Report. “For most capital sources, commercial and multifamily mortgage delinquency rates are near the lowest levels seen during the past 20 years,” said Jamie Woodwell, MBA’s Vice President of Commercial […]
Strong Second Quarter for Commercial Mortgages
Originations in the commercial and multifamily mortgage sector were 1% higher than this time last year and 17% higher than in the first quarter of 2016, according to the Mortgage Bankers Association. The data comes from the organization’s Quarterly Survey of Commercial/Multifamily Mortgage Banker Originations. “Borrowing and lending backed by commercial and multifamily properties remained […]
Commercial Mortgage Industry Stays on Track for 2016
Despite some revisions to projections for commercial and multifamily mortgage originations from the Mortgage Bankers Association, 2016 is looking like a strong year for the commercial mortgage industry. MBA has changed its projected origination volume for commercial and multifamily mortgages to $500 billion, down from $504 billion in 2015. The original prediction for 2016 had […]