Skip to main content

Record Level of Commercial and Multifamily Origination in 2017

Apr 10, 2018
A record volume of $530.1 billion of commercial real estate and multifamily loans were originated in 2017, according to new data from the Mortgage Bankers Association (MBA)

A record volume of $530.1 billion of commercial real estate and multifamily loans were originated in 2017, according to new data from the Mortgage Bankers Association (MBA). This represents an eight percent increase from 2016.
 
In terms of property types, multifamily properties saw the greatest quantity of origination volume with $233.9 billion in loans, followed by properties in the office, retail, lodging, industrial and health care sectors. Commercial banks were responsible for $151.2 billion of the total, followed by the government-sponsored enterprises at $130 billion. First liens accounted for 96 percent of the total dollar volume closed.
 
“2017 was a very strong year, driven by solid property fundamentals, rising property values, low interest rates, and a ready supply of mortgage capital all contributing to extraordinarily attractive finance markets,” said Jamie Woodwell, MBA’s vice president of commercial real estate research. “We expect another robust year in 2018, even with the slight increase in interest rates, although perhaps not quite as robust as 2017.”

 
About the author
Published
Apr 10, 2018
Rocket Pro And Vetted VA Join Forces

What started as a Facebook group now educates 100K+ veterans monthly — Vetted VA and Rocket Pro working to bring ethics, clarity to a broken system

Jun 17, 2025
MBA Urges Shift To Single Credit Report Model, Citing Cost Savings And Efficiency

MBA says tri-merge credit checks cost lenders up to $100 per loan, doubling since pre-COVID, as industry pushes for a cheaper, single-report model

Jun 16, 2025
Fairway Acquires Hallmark Home Mortgage Through Asset Purchase

Hallmark to become new Fairway division, gets access to Fairway's Fairway's product portfolio, tech, and support resources

Jun 13, 2025
Trigger Leads Bill Clears Senate

Final push now left to House; reconciled bill needed next

Housing Market Outlook: Brighter Days To Come

NAR Chief Economist Yun calls lower mortgage rates ‘magic bullet’ to boost home sales

Jun 11, 2025
Redfin Shareholders Say Yes To Acquisition By Rocket

Nearly 99% of Redfin shareholders vote to approve merger, though fewer vote yes to compensation for company’s execs

Jun 10, 2025