WASHINGTON, D.C. – March 31, 2011 – (RealEstateRama) — Member of the Media:
The Mortgage Bankers Association (MBA) today released its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the fourth quarter of 2010. The Data Book compiles the most up-to-date information on topics of interest to commercial/multifamily real estate finance industry participants and observers.
The analysis within MBA’s Data Book shows commercial and multifamily real estate markets on the mend. Continued stabilization of, and modest improvement in, the US economy continues to filter through to demand for commercial space. The improved property fundamentals are helping buoy sentiment in the market – meaning more sales transactions and improved property pricing. Mortgage originations have increased with the transactions, and the amount of mortgage debt outstanding fell by the smallest amount in a year. The effect of improving property fundamentals and pricing can be seen in mortgage performance, which – for most investor groups – ended the quarter on far more stable footing.
Please visit the following Web link to review this Data Book:
Should you have questions, please contact Matt Robinson at (202) 557-2727 or .
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 2,200 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. For additional information, visit MBA’s Web site: www.mortgagebankers.org.