Monday, December 28, 2015

Mortgage Bankers Association Reports Commercial and Multifamily Mortgage Debt Continues Rise Led By Commercial Banks in Third Quarter

Jamie Woodwell
WASHINGTON, DC -- The level of commercial and multifamily mortgage debt outstanding increased by $38 billion in the third quarter of 2015, as three of the four major investor groups increased their holdings.  That is a 1.4 percent increase over the second quarter of 2015.  

Total commercial/multifamily debt outstanding stood at $2.76 trillion at the end of the third quarter.  Multifamily mortgage debt outstanding rose to $1.02 trillion, an increase of $19.3 billion, or 1.9 percent, from the second quarter.

“Commercial and multifamily mortgage debt outstanding continued to climb in the third quarter, driven by increases in the dollar amount of loans held in bank portfolios,” said Jamie Woodwell, MBA’s Vice President of Commercial Real Estate Research. 

“Banks accounted for 85 percent of the total increase, adding $32 billion to their holdings of commercial real estate loans, the largest amount since the series began in 2007.”

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

Ali Ahmad

(202) 557-2727

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