Mortgage Bankers Association Reports 32 Percent Increase in Volume of Commercial and Multifamily Mortgages Maturing This Year

Jamie Woodwell

SAN DIEGO, CA  – Eight percent, or $121.0 billion of $1.5 trillion, of outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2015, a 32 percent increase from the $91.7 billion that matured in 2014, according to the Mortgage Bankers Association’s 2014 Commercial Real Estate/Multifamily Survey of Loan Maturity Volumes. 

Maturities will grow to $223 billion in 2016.

“After hitting a low last year, commercial and multifamily mortgage maturities are beginning to rise as the ten-year loans made in 2005, 2006 and 2007 come due,” said Jamie Woodwell, MBA’s Vice President of Commercial Real Estate Research. 

“With strong market conditions, many of the loans slated to mature in coming years are already refinancing.  Over the last year, the balance of loans set to mature in 2015 fell by $37 billion, or 24 percent.”

To learn more or to purchase a copy of the report, please visit:

http://www.mba.org/ResearchandForecasts/ProductsandSurveys/LoanMaturityVolumes.htm?utm_source=Informz&utm_medium=Email&utm_campaign=mba%2Eorg

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

Rob Van Raaphorst

rvanraaphorst@mba.org

(202) 557-2799