Sunday, May 1, 2016

Mortgage Bankers Association Releases First Commercial/Multifamily Originations Data of 2016


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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