Mortgage Bankers Association Reports Q2 Commercial/Multifamily Originations Up 7 Percent from Last Year; 36 Percent from Q1

                    

Jamie Woodwell

 Washington, DC (July 30, 2013) –Commercial and multifamily mortgage origination volumes during the second quarter of 2013 were seven percent higher than during the second quarter of 2012 and 36 percent higher than during the first quarter of 2013, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

“Commercial and multifamily mortgage lending and borrowing continued to grow during the second quarter,” said Jamie Woodwell, MBA’s Vice President of Commercial Real Estate Research.

 “The apartment market continues to be the belle of the ball, with multifamily mortgage originations running 31 percent ahead of last year’s first half total. And after a slow start to the year, lending by life insurance companies surged in the second quarter to record the highest quarterly volume on record for that sector.”

For a complete copy of the company’s news release, please contact:

Matt Robinson

 (202) 557-2727