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| Jamie Woodwell |
BOSTON, MA (May 4, 2015) - According to the Mortgage Bankers
Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers
Originations, first quarter 2015 commercial and multifamily mortgage loan
originations were 49 percent higher than during the same period last year.
Following the usual
seasonal pattern, first quarter 2015 originations saw a 26 percent decrease
from the fourth quarter of 2014.
The survey results were announced at MBA’s
Commercial / Multifamily Servicing and Technology Conference, being held May
3rd through 6th at the Sheraton Boston Hotel in Boston, Mass.
“The year-end momentum from 2014 carried into the first
quarter of 2015, with year-over-year growth in lending for every major property
type,” said Jamie Woodwell, MBA’s
Vice President of Commercial Real Estate Research.
“Multifamily lending was a
key driver of first quarter originations and the GSEs drove multifamily. The
GSEs’ multifamily originations increased by 306 percent compared to Q1 2014,
marking their second highest quarter on record, while multifamily originations
for other capital sources appear to have remained flat or declined.”
For a complete copy
of the company’s news release, please contact:
Ali Ahmad
(202) 557-2727
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