Finally, some good news for the multifamily sector. Lending and borrowing are expected to go up this year, according to a new analysis from the Mortgage Bankers Association (MBA). Other commercial sectors should also see more money flowing in.

In total, MBA predicts $576 billion in loans will flow into CRE and multifamily in 2024– up 29% from 2023’s estimated $444 billion. Of the total, multifamily will absorb $339 billion – 25% more than in 2023. Next year, 2025, could be even better, totaling $717 billion for all CRE and $404 billion for multifamily lending.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Philippa Maister

GlobeSt. Multifamily Fall 2024Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.