WASHINGTON, DC-The second-quarter saw a nice uptick in commercial and multifamily mortgage originations, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. Namely, they were up 25% from Q2 of 2011.

Of course, last year the market saw the same positive bump in originations at this time—and then it promptly froze due to the euro crisis, US sovereign downgrade and Congressional infighting. The same series of events are unfolding this year, but Jamie Woodwell, MBA’s vice president of Commercial Real Estate Research, tells GlobeSt.com he is hopeful the market will be more resilient this time around.

“In some ways we've seen the CMBS market and its standing relative to European and other markets change a bit,” he says. “There are a different set of relationships.”

The worrisome parallels between 2012 and 2011 aside, MBA’s quarterly report holds more than a few bright spots. Originations for retail and hotel assets were the driver behind the 25% increase; there was a 56% increase in the dollar volume of loans for retail properties, a 22% increase for hotel loans, a 19% hike for multifamily, a 15% increase for office, an 11% rise in health care loans. Industrial loans, however, decreased by 5%.

Another bright spot was the increase in the dollar volume of loans for certain investors: commercial bank portfolios, for example, increased by 58% over last year’s Q2 figures. There was also a 50% jump in loan volumes for GSEs, a 16% increase in volumes for conduits for CMBS and a 10% hike in volumes for life companies.

“We're seeing a continued slow and steady increase from the post credit crunch,” Woodwell says. “There've been increases in originations across all major investment groups.” In particular, CMBS showed a big increase in originations between Q1 and Q2, which is indicative of a growing appetite, he says.