Monday, September 30, 2013

MBA Releases Commercial/Multifamily Quarterly Data Book for Q2 2013




WASHINGTON, DC -- The Mortgage Bankers Association (MBA) released its second quarter 2013 Commercial Real Estate/Multifamily Finance Quarterly Data Book.

To download a free copy, click here.

The report includes a summary of major trends and detailed charts and tables that provide current and historical information on the economy and commercial/multifamily real estate markets. Among the findings covered in the Data Book.

-       The U.S. economy grew at a seasonally adjusted annual rate of 2.5 percent in the second quarter, well above the 1.1 percent growth in the first quarter.

-       Commercial and multifamily mortgage originations were seven percent higher than during the second quarter last year and 36 percent higher than the first quarter of 2013.

-       The level of commercial/multifamily mortgage debt outstanding increased by $24.5 billion, or one percent, in the second quarter of 2013, as three of the four major investor groups increased their holdings.

-       Delinquency rates for commercial and multifamily mortgage loans declined in the second quarter of 2013. 

MBA’s Quarterly Data Book compiles the most up-to-date information on topics of interest to commercial/multifamily real estate finance industry professionals, including trends in the economy, property sales, originations, delinquencies and mortgage debt outstanding.

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

Matt Robinson
 (202) 557-2727

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