LOS ANGELES—Multifamily may remain the belle of the ball, but it’s getting some serious competition. Lending volume in the office and industrial sectors rose sharply in the first half of 2014, while leveling off for apartments, says CBRE.

Loan closings in office and industrial were both up by more than 50% year over year, according to the latest Capital Markets US Lender Forum from CBRE. Retail was up by more than 20%, and CBRE is also reporting quarter-over-quarter and Y-O-Y increases in its Lending Momentum Index, thanks to an increase in investment sales volume. The index rose 11.3% between the first and second quarters, and 10.1% Y-O-Y.

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