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| Jamie Woodwell |
Washington
D.C. (June 16, 2015) - The level of commercial/multifamily mortgage debt
outstanding increased by $40.4 billion in the first quarter of 2015, as all
four major investor groups increased their holdings. That is a 1.5 percent
increase over the fourth quarter of 2014.
Total
commercial/multifamily debt outstanding stood at $2.68 trillion at the end of
the first quarter. Multifamily mortgage debt outstanding rose to $989 billion,
an increase of $20.6 billion, or 2.1 percent, from the fourth quarter of 2014.
“Strong
first quarter mortgage originations boosted the level of commercial and
multifamily mortgage debt outstanding,” said Jamie Woodwell, MBA’s Vice President of Commercial Real Estate
Research.
“Multifamily
mortgages continued to grow even more quickly than the market as a whole, with
banks increasing their portfolios by $8 billion and agency and GSE portfolios
and MBS increasing their holdings by $10 billion.“
For a complete copy of the company’s
news release, please contact:
Ali Ahmad
(202)557-2727
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