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| Jamie Woodwell |
WASHINGTON, DC - First
quarter 2016 commercial and multifamily mortgage loan originations overall were
essentially flat compared to the same period last year and first quarter
originations were thirty-eight percent lower than the fourth quarter of 2015 in
line with the seasonality of market, according to the Mortgage Bankers
Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers
Originations
“In the aggregate,
commercial real estate borrowing and lending started 2016 in a similarly strong
fashion to 2015,” said Jamie Woodwell,
MBA’s Vice President of Commercial Real Estate Research.
“Borrowing backed by retail, office, hotel and
multifamily properties picked up, as did lending by banks. Disruptions in the
broader capital markets pushed originations for commercial mortgage-backed
securities (CMBS) down.
“ Across property types
and investor types, changes in regulation and broader market conditions could
have an impact on originations during the remainder of the year.”
For a complete copy of the company’s news release,
please contact:
Ali Ahmad
aahmad@mba.org
(202) 557-2727
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