MBA releases Q2 2008 Commercial Real Estate/Multifamily Finance Quarterly Data Book MortgagePress.comMBA, commercial real estate, multifamily, statistics
The Mortgage Bankers Association (MBA) has released its
Commercial Real Estate/Multifamily Finance Quarterly Data Book for
the second quarter of 2008. The Data Book compiles the most
up-to-date information on topics of interest to
commercial/multifamily real estate finance industry participants
As noted within MBA's Data Book, data covering the second
quarter of 2008 reveals a sharp divide between what is happening in
the production of new commercial/multifamily mortgages and what is
happening among the $3.4 trillion of such mortgages that remain
outstanding. On one hand, the production of new mortgages saw a
steep decline in the second quarter, driven by the broader credit
crunch and fears over economic fundamentals. On the other hand,
outstanding commercial/multifamily mortgage debt, now at $3.4
trillion, continued to grow and to see relatively strong, steady
The second quarter edition includes the following topics:
Economic Outlook which includes economic commentary,
long-term real estate finance and macroeconomic forecast, employees
on non-farm payrolls, Treasury yields and bank rates, and owner-
and renter-occupied housing units.
Commercial/Multifamily Finance Environment which
includes comments from the Federal Reserve Board's Beige Book,
property sales volumes, capitalization rates and multifamily
building permits, and starts and completions. Newly added to this
section is information on national asking rents and vacancy rates
and on the balance between new completions and net absorption.
Mortgage Production which includes
commercial/multifamily mortgage originations, commercial
mortgage-backed securities (CMBS) issuance and life company
commitment volumes, as well as commercial real estate
collateralized debt obligations (CRE CDO) issuance.
Mortgage Debt Outstanding which includes analysis of
commercial/multifamily mortgage delinquency rates, as well as the
volume and characteristics of CMBS outstanding and their yield
Loan Servicing which lists commercial/multifamily
mortgage servicers, their roles and their servicing volumes.
Listing of recent MBA Commercial/Multifamily research
here to view the book.
For more information, visit www.mortgagebankers.org.