by Phil Hall | Aug 1, 2023 | Commercial Real Estate News, Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive
A total of $480.1 billion in new mortgages were originated in 2022 for apartment buildings with five or more units, according to new data from the Mortgage Bankers Association. This represents a 1% year-over-year decline. Last year’s total was generated by 2,242...
by Phil Hall | May 15, 2023 | Commercial Real Estate News, Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive
The Mortgage Bankers Association (MBA) has revised its forecast for the commercial and multifamily mortgage borrowing and lending environment and is now predicting this sector will fall to $654 billion this year, down 20% from the $816 billion generated in 2022. If...