Tuesday, 9 August 2022 | The Latest Buzz for the Appraisal Industry

MBA Reports Lenders Provided $487.3 Billion in New Multifamily Mortgages

In 2021, 2,215 different multifamily lenders provided a total of $487.3 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association’s (MBA) annual report of the multifamily lending market.

Last year’s $487.3 billion in volume represents a 35% increase from 2020’s tally of $359.7 billion. Thirty-two percent of the active lenders made five or fewer multifamily loans over the course of the year.

”2021 saw a

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