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Jamie Woodwell of the Mortgage Bankers Association Q3 represented “a significant turning point for the CMBS market,” says MBA’s Jamie Woodwell.

WASHINGTON, DC—The third quarter was notable in the commercial/multifamily mortgage space for one key development. That was the reversal of a decade-long downward trend in CMBS’ holdings, which rose by 0.8% or $3.6 billion from Q2, according to Mortgage Bankers Association data. Overall, Q3 saw commercial/multifamily mortgage debt outstanding increase by $45.4 billion, or 1.5%, to $3.11 trillion.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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