 |
| Jamie Woodwell |
WASHINGTON, DC -- The
level of commercial and multifamily mortgage debt outstanding increased by $38
billion in the third quarter of 2015, as three of the four major investor
groups increased their holdings. That is
a 1.4 percent increase over the second quarter of 2015.
Total commercial/multifamily
debt outstanding stood at $2.76 trillion at the end of the third quarter. Multifamily mortgage debt outstanding rose to
$1.02 trillion, an increase of $19.3 billion, or 1.9 percent, from the second
quarter.
“Commercial and
multifamily mortgage debt outstanding continued to climb in the third quarter,
driven by increases in the dollar amount of loans held in bank portfolios,”
said Jamie Woodwell, MBA’s Vice
President of Commercial Real Estate Research.
“Banks accounted for 85
percent of the total increase, adding $32 billion to their holdings of
commercial real estate loans, the largest amount since the series began in
2007.”
For a
complete copy of the company’s news release, please contact:
Ali Ahmad
(202) 557-2727
No comments:
Post a Comment