Commercial and Multifamily Mortgage Originations Grew 107%

The Mortgage Bankers Association (MBA) announced the findings of their Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations today.  Commercial and multifamily mortgage originations increased by 107% in the 2nd quarter of 2011 over the 2nd quarter of 2010. The MBA states that the increase was driven by “originations for all property types,” including a “141 percent increase in loans for health care properties, a 125 percent increase in loans for hotel properties, a 116 percent increase in loans for retail properties, a 114 percent increase in loans for multifamily properties, a 54 percent increase in office property loans, and a 34 percent increase in industrial property loans.” http://bit.ly/njrD5B

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