WASHINGTON, DC-Commercial and multifamily mortgage originationswere 29% higher in Q3 compared to the same period in 2012,according to the Mortgage Bankers Association'sQuarterly Survey of Commercial/Multifamily Originations. Drivingthat increase was an uptick in health careproperty originations. There was a 124% boost in thedollar volume of loans for health care properties; a 69% increasefor office properties, a 46% increase for hotel properties, a 30%increase for retail properties, an eight% increase for industrialproperties, and a 3% increase for multifamily properties whencompared to the third quarter of 2012.

Generally speaking, originations compared to the second quarterof 2013 were essentially flat, the survey also reported.

"Commercial and multifamily real estate borrowing and lendingcontinued at a moderate clip in the third quarter," saidJamie Woodwell, MBA's Vice President of CommercialReal Estate Research. "Mortgage origination volumes wereessentially flat from the second quarter, but were up 29% from lastyear's third quarter and are up 14% year-to-date."

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.