San Diego, CA (Feb.
4, 2013) – $119.5 billion, eight percent of the outstanding balance, of
commercial and multifamily mortgages held by non-bank lenders and investors
will mature in 2013, a 21 percent decline from the $150.6 billion that matured
in 2012, according to today’s release of the Mortgage Bankers Association’s
(MBA) 2012 Commercial Real Estate/Multifamily Survey of Loan Maturity Volumes.
The loan maturities
vary significantly by investor group. Just 5 percent ($16.0 billion) of the
outstanding balance of multifamily and health care mortgages held or guaranteed
by Fannie Mae, Freddie Mac, FHA and Ginnie Mae will mature in 2013.
Life insurance companies will see 7 percent ($21.9 billion)
of their outstanding mortgage balances mature in 2013. Among loans held in
CMBS, 7 percent ($43.4 billion) will come due in 2013. Twenty-one percent
($38.1 billion) of commercial mortgages held by credit companies and other
investors will mature in 2013.
For a complete
copy of the company’s news release, please contact:
Matt Robinson
202-557-2727
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