Thursday, December 1, 2022 | The Latest Buzz for the Appraisal Industry

Borrowing Drops 13 Percent for Commercial, Multifamily Originations in Q3

Commercial and multifamily mortgage loan originations decreased 13% in the third quarter of 2022 compared to the same period last year, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

“After a strong first half of the year, rising interest and capitalization rates began to affect deal volume during the third quarter,” says Jamie Woodwell, MBA’s head of commercial real estate research. “Increasing yields across investment alternatives – including