 |
| Jamie Woodwell |
WASHINGTON, DC -- According
to the Mortgage Bankers Association’s (MBA) Quarterly Survey of
Commercial/Multifamily Mortgage Bankers Originations, second quarter 2016
commercial and multifamily mortgage loan originations were one percent higher
than during the same period last year and 17 percent higher than the first
quarter of 2016.
“Borrowing and lending backed by commercial
and multifamily properties remained strong during the second quarter,” said Jamie Woodwell, MBA’s Vice President of
Commercial Real Estate Research.
“Low
interest rates combined with strong commercial property market fundamentals to
further support lending and to keep overall borrowing levels on pace with last
year’s strong level.”
For a complete copy of the company’s news release,
please contact:
Ali Ahmad
(202) 557-2727
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