Outlook is for More Multifamily Lending in 2016

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MORTGAGE EXPERT
10 · 29 · 15

After reaching an all-time high last year, the growth in multifamily originations is expected to continue into next year.

Recently reported statistics indicated that multifamily mortgage production during all of 2014 came to more than $195 billion.

It turned out that apartment-secured lending during last year was the most ever for the nation’s multifamily loan originators.

The Mortgage Bankers Association, which released the 2014 data, previously reported that multifamily loan production was $137 billion in 2013.

On Thursday, the trade group released its forecast for 2016.

MBA said it expects total multifamily originations to reach $225 billion next year. The
total includes $187 billion originated just by mortgage bankers.

Including all types of commercial real estate loans, CRE loan production is expected to be $485 billion during 2016, up from roughly
$458 billion in 2015.

MBA projects that total CRE debt outstanding will finish next year at $2.8 trillion, up 1.8 percent from the end of 2015.

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Mortgage Daily Staff

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