Jamie Woodwell
Commercial Borrowing Bounces Back in the Q2 2021
Originations for office properties increased 149 percent on an annual basis, according to MBA’s latest survey.
Office, Industrial Loan Performance Held Steady in June
Non-current rates inched higher for both, but remained relatively low, according to MBA’s latest survey.
Industrial Properties Post Strong Year-Over-Year Growth in Q1
Lending for industrial assets jumped 66 percent compared to last year, according to MBA’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
Commercial/Multifamily Mortgage Debt Rises at the End of 2020
Amid the pandemic and led by multifamily lending, mortgage debt outstanding closed 2020 higher than the pre-pandemic levels seen at the end of 2019.
Mortgage Delinquency Affected by the Pandemic, Impact Differs by Property Types
After a slight deterioration at the end of 2020, commercial and multifamily mortgage performance improved for the second straight month in February.
Commercial/Multifamily Lending to Increase 11% to $486 Billion in 2021
MBA is forecasting for commercial and multifamily mortgage bankers to close $486 billion of loans backed by income-producing properties in 2021.
Commercial/Multifamily Lending to Fall 34% in 2020
MBA expects commercial and multifamily mortgage bankers to close $395 billion of loans backed by income-producing properties, a 34 percent decline from 2019’s record volume of $601 billion.
Commercial/Multifamily Borrowing Falls in Q3
Compared to last year’s third quarter, commercial and multifamily originations were 47 percent lower.
Commercial/Multifamily Mortgage Debt Continued Rise in the Second Quarter of 2020
The level of commercial/multifamily mortgage debt outstanding increased by $43.6 billion (1.2 percent) to $3.76 trillion at the end of the second quarter.
Commercial/Multifamily Mortgage Delinquency Rates Affected by the Pandemic
Two recent reports from the Mortgage Bankers Association shed light on COVID-19’s impact on commercial and multifamily real estate.