SAN DIEGO–Commercial and multifamily mortgage loan originations were 79% higher in the fourth quarter of 2021 compared to a year ago, and increased 44% from the third quarter of 2021. This is according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, which was released today at the 2022 Commercial/Multifamily Finance Convention and Expo.

GlobeSt.com was in attendance at the event, where Jamie Woodwell, MBA’s Vice President of Commercial Real Estate Research, noted that the fourth quarter of 2021 was a record end to a record year of borrowing and lending backed by commercial and multifamily. “Part of the growth from 2020 was a bounce-back from the worst of the recession. However, rebounding property fundamentals and strong valuations, record sales transaction volumes, and low interest rates all fueled commercial and multifamily borrowing and lending activity that easily outpaced previous periods.”

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