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(Read more on the multifamily market and the debt and equity markets.)

WASHINGTON, DC-Commercial and multifamily mortgage bankers’ loan originations remained steady–indeed increased–in Q2, according to new figures by the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. According to the survey, loan originations rose 40% over the same period last year–an increase seen across most property types and investor groups. Q2 originations also increased on a quarter-over-quarter basis.

Driving the growth were increases in CMBS conduit loans and loan financing hotel properties, MBA found, as well as the spate of REIT privatizations. Large loans dominated the landscape this quarter, according to Jamie Woodwell, MBA’s senior director of Commercial/Multifamily research. Without these large hotel deals, though, overall originations would have increased approximately 27% and conduit originations by 42% between Q2 2006 and Q2 2007.

“Overall, second quarter commercial/multifamily originations remained strong despite the initial phases of a general re-pricing of risk in the commercial/multifamily and other capital markets,” Woodwell says in a statement. When compared to Q2 2006, this quarter’s overall increase included a 330% increase in loans for hotel properties, a 34% increase in loans for retail properties, a 19% increase in loans for office properties, a 18% increase in loans for multifamily properties, as well as a 14% decrease in loans for healthcare properties and a 7% decrease in loans for industrial properties.

Compared to Q1 2007, Q2′s performance also stacked up well. Mortgage bankers originations were 26% higher in Q2 than originations in Q1, with increases registering in all property types except office and healthcare.

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