MBA Releases Commercial/Multifamily Quarterly DataBook for Q3 2013

WASHINGTON, DC -- The Mortgage Bankers Association (MBA) released its third quarter 2013 Commercial Real Estate/Multifamily Finance Quarterly DataBook. 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 DataBook: The U.S. economy grew at a seasonally adjusted annual rate of 4.1 percent in the third quarter of 2013, well above the 2.5 percent growth in the second quarter. Commercial and multifamily mortgage originations were essentially flat from the second quarter, but were up 29 percent from last year’s third quarter and are up 14 percent year-to-date. Commercial/multifamily mortgage debt grew by the largest amount since 2008 and stood at $2.47 trillion in the third quarter. Delinquency rates for commercial and multifamily mortgage loans declined for every major investor group in the third quarter.   MBA’s Quarterly DataBook 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  Shawn Ryan (202) 557-2727  sryan@mba.org.