RealEstateRama   -   Site   -   in News   -   in Media   -   in Social   -   Web
MBA Forecast: Commercial and Multifamily Originations to Hold Firm in 2019

MBA Forecast: Commercial and Multifamily Originations to Hold Firm in 2019

WASHINGTON, D.C. (February 15, 2019) — (RealEstateRama) — 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 last two years, according to the Mortgage Bankers Association’s (MBA) 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 1 percent this year to $264 billion, with total multifamily lending at $315 billion. MBA expects these originations totals to continue through 2020.

“We expect commercial mortgage borrowing and lending to remain near current levels in the coming years,” said Jamie Woodwell, MBA’s Vice President for Commercial Real Estate Research. “Slowing global and domestic growth may have an impact on overall demand, but readily available equity and debt for commercial real estate should support transaction volumes. Moderation in property value growth and sustained net operating income (NOI) increases will likely extend the recent plateauing in transaction activity.”

Commercial/multifamily mortgage debt outstanding is expected to continue to grow in 2019, ending the year up 5 percent from 2018.
MBA’s commercial/multifamily members can download a copy of MBA’s Commercial/Multifamily Real Estate Finance Forecast at www.mba.org/crefresearch.

CONTACT
Adam DeSanctis

(202) 557-2727

SHARE
MBA

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,400 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field.

Contact:

Mortgage Bankers Association
1331 L Street, NW
Washington, DC 20005

Phone: (202) 557-2700