Tuesday, June 14, 2016

Mortgage Bankers Association Reports Commercial/Multifamily Mortgage Debt Outstanding Continues Strong Growth

Jamie Woodwell
WASHINGTON D.C. (June 14, 2016) - The level of commercial/multifamily mortgage debt outstanding increased by $35.3 billion in the first quarter of 2016, as three of the four major investor groups increased their holdings.  That is a 1.2 percent increase over the fourth quarter of 2015.  

Total commercial/multifamily debt outstanding rose to $2.86 trillion at the end of the first quarter.  Multifamily mortgage debt outstanding rose to $1.07 trillion, an increase of $18.2 billion, or 1.7 percent, from the fourth quarter of 2015.

“The amount of commercial and multifamily mortgage debt outstanding continues to grow at a strong clip,” said Jamie Woodwell, MBA’s Vice President of Commercial Real Estate Research.

 “Bank holdings and multifamily loans backed by Fannie Mae and Freddie Mac drove growth during the quarter. However, the balance of loans held in commercial mortgage-backed securities continues to decline and has now fallen by one third since it peaked in 2007, as more CMBS loans are paid-off and paid down than are originated.”
For a complete copy of the company’s news release, please contact:

Ali Ahmad
(202) 557-2727

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