Building Business Industry News Mortgage Real Estate Trends

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

Related posts

Seattle city’s plan to upzone neighborhoods continues onward


Seven daily habits of top producers


Help explain your commission with this list