2015 Q2 Market Trends

The Mortgage Bankers Association has just released its Quarterly Index of Commercial/Multifamily Mortgage Bankers Originations for the second quarter of 2015.

As shown in the report, commercial real estate lending experienced growth in every major property type during the second quarter of 2015. Specifically, second quarter 2015 commercial and multifamily mortgage loan originations were 29 percent higher than during the same period last year. Increases in originations for industrial and multifamily properties led the overall increase in commercial/multifamily lending volumes when compared to the second quarter of 2014.

According to our second quarter 2015 Quarterly Index of Commercial/Multifamily Mortgage Bankers Originations:

The year-over-year increase includes a 58 percent increase in dollar volume of loans for multifamily properties and a 32 percent increase for industrial properties.

GSE multifamily originations increased by 113 percent compared to Q2 2014.

By investor type, compared to the first quarter of 2015, the dollar volume of loans originated in the second quarter of 2015 increased 45 percent for commercial bank portfolios.