Multifamily and commercial investment continues to rise

Photo by All Bong on Unsplash

According to a recent report, commercial and multifamily mortgage loan originations are continuing to rise. The borrowing and lending in these areas are following the trends seen with last year’s growth.  

Jeremiah Jensen | HousingWire

Commercial and multifamily investment continues to show strong momentum going into the back half of 2018.

According to a report from Mortgage Bankers Association, in the second quarter, commercial and multifamily mortgage loan originations rose by 4% year-over-year and soared past the first quarter with a 32% surge in originations.

“Commercial and multifamily real estate borrowing and lending continues to track with last year’s level,” MBA’s Vice President for Commercial Real Estate Research Jamie Woodwell said in a statement.

For the full story, click here: MBA: Multifamily and commercial loan originations on the rise