Commercial, Multifamily Originations Expected to Remain Favorable this Year: MBA

By Adam Descanctis

Steady commercial real estate markets, along with equity and debt availability, are expected to keep commercial and multifamily mortgage originations roughly on par with the volumes seen the past two years, according to the Mortgage Bankers Association's 2019 Commercial/Multifamily Real Estate Finance Forecast, released here today at the 2019 Commercial Real Estate Finance/Multifamily Housing Convention & Expo.

MBA projects commercial and multifamily mortgage originations to total $530 billion in 2019, essentially flat from last year's volume of $526 billion and the record $530 billion in 2017. Mortgage banker originations of just multifamily mortgages are forecast to rise by 1 percent this year to $264 billion, with total multifamily lending at $315 billion. MBA expects these originations totals to continue through 2020.

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