Quick Contact

Your Name (required)

Your Phone (required)

Your Email (required)

Your Message

Type this number below.

Record Commercial/Multifamily Volume in 2017

Multifamily mortgage financing was the big winner overall in what was a record setting year for commercial and multifamily originations.  The Mortgage Bankers Association (MBA) said a record $530.1 billion in loans were closed in 2017, an 8 percent gain from 2016.

The largest share of lending, more than half of the volume closed, was for multifamily properties at $233.9 billion.  Loans for office buildings were second followed by retail, hotel/motel, industrial, and health care properties.  Ninety-six percent of the dollar volume went to first mortgage liens.

...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Comments are closed.