Q3 Commercial and Multifamily Originations Up 21 Percent YoY

Nov 09, 2017

Former Dallas Cowboys star and Football Hall of Fame member Emmitt Smith is returning to the commercial real estate industry with a new joint venture

Third quarter originations of commercial and multifamily mortgage loan originations were eight percent above the second quarter and 21 percent higher than one year earlier, according to new data from the Mortgage Bankers Association (MBA).

The MBA reported a 116 percent year-over-year increase in the dollar volume of loans for hotel properties during the third quarter, along with a 97 percent increase for health care properties, a 20 percent increase for industrial properties, a 15 percent increase for multifamily properties and an 8 percent increase in office property loans. However, retail property loans reported an eight percent decrease in retail property loans.

Among investor types, the dollar volume of loans originated for commercial mortgage-backed securities (CMBS) loans increased by 42 percent year-over-year. MBA also record a 22 percent year-over-year increase for government-sponsored enterprises’ loans, a 21 percent increase in dollar volume of commercial bank portfolio loans, but a two percent decrease in the life insurance company loans.

“Borrowing and lending associated with commercial and multifamily real estate increased again in the third quarter, even as sales transaction volume slowed,” said Jamie Woodwell, MBA Vice President of Commercial Real Estate Research. “Most property types and capital sources saw stronger lending activity than a year earlier, supported by solid property fundamentals and continued property value appreciation.”

About the author

Phil Hall

Link copied

Published

Nov 09, 2017

Analysis and Data

World Cup Tickets Outpace Mortgage Payments

Monthly mortgage payments have become the new yardstick for sticker shock

For some World Cup fans, the cost of one seat has climbed into mortgage-payment territory.The World Cup kicks off Thursday in Mexico City, opening a six-week tournament across 16 North American host cities. FIFA expects the event to draw between 5 million and 6 million fans,...

Industry News

President Trump Cancels 21st Century ROAD To Housing Act

Trump cancels signing the bipartisan housing bill, leaving affordability package in limbo

President Donald Trump abruptly canceled Wednesday’s planned signing of the 21st Century ROAD to Housing Act, throwing the future of a sweeping bipartisan housing affordability package into uncertainty just hours before it was expected to become law.“Today’s Housing News Con...

Jul

New Orleans, LA

More from

Industry News

President Trump Cancels 21st Century ROAD To Housing Act

Trump cancels signing the bipartisan housing bill, leaving affordability package in limbo

Industry News

Jun 24, 2026

Commercial, Multifamily Mortgage Debt Tops $5 Trillion In Q1

MBA says outstanding debt grew by $26.3 billion in the first quarter, led by multifamily lending and increased holdings from banks, agencies, and life insurers

Industry News

Jun 18, 2026

Fed Holds Rates Steady, But Outlook Dims For Mortgage Rate Relief

The Federal Reserve left rates unchanged but updated projections show more policymakers expecting additional hikes

Industry News

Jun 18, 2026

Congress Nears Final Vote On 21st Century ROAD to Housing Act

Senate voted 87-8 to advance House-amended package, with final votes expected in coming days

Industry News

Jun 17, 2026

Florida Pending Sales Signal Strong Summer Housing Market

Closed sales rise for a ninth straight month as inventory gives buyers more negotiating power