Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON, DC-Sizing up its recent survey of the second quarter, the Mortgage Bankers Association of America has found that things are looking pretty good in the commercial and multifamily lending sector. The organization’s survey concluded that such lending in the second quarter increased 56% from the last quarter to a total of $48 billion. The second quarter numbers are also 29% higher than the numbers from the same quarter in 2002.

“The strength in new lending during the second quarter is not at all surprising,” says MBA Commercial/Multifamily Research vice chair Jeff Weidell. “With interest rates at or near their lowest point in more than 40 years, the cost of financing new transactions and refinancing existing commercial debt presented an unprecedented opportunity for most market participants, and has been the major factor in driving up loan demand.” Retail properties saw the biggest jump in lending volume with a 44% increase over last quarter’s numbers. However, it was the multifamily sector that accounted for the majority of the lending activity, taking 51% of the billions of dollars in originations.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


GlobeSt. Multifamily Spring 2022 (Formerly APTS)Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


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
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.