RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

Commercial/Multifamily Lending on Track to Increase to $578 Billion in 2021

Home Industry News
August 11, 2021
Reading Time: 1 min read
Commercial/Multifamily Lending on Track to Increase to $578 Billion in 2021

Commercial and multifamily mortgage bankers are expected to close $578 billion of loans backed by income-producing properties in 2021, a 31% increase from 2020’s volume of $442 billion, according to a new forecast released by the Mortgage Bankers Association (MBA).

Total multifamily lending alone, which includes some loans made by small and midsize banks not captured in the overall total, is forecast to rise to $409 billion in 2021—a new record and a 13% increase from last year’s total of $360 billion. MBA anticipates additional increases in lending volumes in 2022, with activity rising to $597 billion in commercial/multifamily mortgage bankers originations and $421 billion in total multifamily lending.

“Commercial and multifamily real estate markets are moving past the pain that the COVID-19 pandemic caused in 2020,” said Jamie Woodwell, MBA’s vice president for Commercial Real Estate Research. “There remain significant differences by property type, but incomes have rebounded strongly and investor interest in real estate and real estate finance is robust. The result is strong property appreciation and increased transaction activity, both of which are fueling financings.”

Woodwell added, “MBA’s forecast anticipates the economic rebound to continue this year and next, with real estate benefiting both from a rebound from last year’s lows, and from broader economic growth. There remains uncertainty about the impact of new strains of the virus in the fall, but even in a negative scenario—which we don’t expect—it is hard to imagine the real estate market having to experience anything like the widespread closures of last year.”

Source: MBA

Tags: Housing MarketIndustry NewsLendingMortgageMortgage Bankers AssociationMultifamily Lendingreal estate news
ShareTweetShare
Brit Owen

Brit Owen

Brit Owen is RISMedia’s Email Marketing Specialist where she collaborates with the editorial team to create email campaigns, as well as analyzes campaign data to understand performance. Before RISMedia, Brit worked as a digital marketer for the cybersecurity, healthcare, sports and entertainment, aviation and IT industries. She earned her degree in Communications with a minor in Marketing from Central Connecticut State University. FUN FACT: Brit has been an avid athlete, playing softball, tennis, dancing, wakeboarding and skysking. In 2012, she tried out for the Boston Celtic’s dance team.

Related Posts

LeadingRE Welcomes New Business Solution
Industry News

LeadingRE Welcomes New Business Solution

September 21, 2023
Embracing Sustainability: The Top Eco-Friendly Home Improvements
Consumer

Embracing Sustainability: The Top Eco-Friendly Home Improvements

September 21, 2023
Why Virtual Staging AI is Transforming the Home-Staging Industry
Industry News

Why Virtual Staging AI is Transforming the Home-Staging Industry

September 21, 2023
Foreclosure Activity Rises in August
Industry News

Foreclosure Activity Rises in August

September 21, 2023
Berkshire Hathaway HomeServices Expands in Italy
Brokers

Berkshire Hathaway HomeServices Expands in Italy

September 21, 2023
Existing-Home Sales Decreased 0.7% in August
Industry News

Existing-Home Sales Decreased 0.7% in August

September 21, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Tip of the Day

The All-Cash Offer: Still a Home-Buying Slam-Dunk Strategy?

Buying a house for cash, meaning no mortgage, can seem like the most strategically savvy and best way to gain an accepted offer. But there are subtle pros and cons to such a maneuver, more so for the buyer, but also for the seller. Read more.

Business Tip of the Day provided by

Recent Posts

  • LeadingRE Welcomes New Business Solution
  • Embracing Sustainability: The Top Eco-Friendly Home Improvements
  • Why Virtual Staging AI is Transforming the Home-Staging Industry

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2023 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2023 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X