Multifamily Lending Hit More Than $359B In 2020

Aug 05, 2021

Director of Events

The Mortgage Bankers Association's annual report on multifamily lending reported $359.7 billion in multifamily lending volume, across 2,140 different lenders in the sector.

The Mortgage Bankers Association's annual report on multifamily lending reported $359.7 billion in multifamily lending volume, across 2,140 different lenders in the sector. This marks a 1% decrease from 2019's record volume of $364.4 billion.

“Multifamily borrowing and lending remained strong in 2020, despite the COVID-19 pandemic,” said Jamie Woodwell, MBA's vice president of Commercial Real Estate Research. “Robust financing for properties, increased refinancing activity through government-backed loans, and consistent mortgage availability from banks led the market to a level of mortgage originations that was essentially flat from the record year of 2019.”

The MBA also broke its findings down by dollar volume, reporting 46% of the total went to the Government Sponsored Enterprises. Meanwhile, Walker & Dunlop, Berkadia, CBRE, Wells Fargo and Greystone rounded out the top five multifamily lenders for 2020 by dollar volume.

About the author

Navi Persaud

Director of Events

Navi Persaud is Director of Events at NMP.

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Aug 05, 2021

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