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| Jamie Woodwell |
WASHINGTON, DC – According to the Mortgage Bankers
Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers
Originations, second quarter 2014 commercial and multifamily mortgage loan
originations were two percent lower than during the same period last year, but
34 percent higher than the first quarter of 2014.
“Year-to-date borrowing by commercial and multifamily real
estate owners is running at the same pace as last year,” said Jamie Woodwell,
MBA’s Vice President of Commercial Real Estate Research.
“Low interest rates and improving property
fundamentals are prompting borrowers to act, but the relatively low volume of
loans hitting maturity is checking overall demand.”
For a complete copy of the company’s news release, please
contact:
Shawn Ryan
(202) 557-2727
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