Eight Must Reads for the CRE Industry Today (Feb. 10, 2021) Commercial and multifamily mortgage originations fell by 18 percent in the fourth quarter year-over-year, reports the Mortgage Bankers Association. Commercial Observer looks at issues related to leasing marijuana retail facilities. These are among today’s must reads from around the commercial real estate industry.
Commercial Multifamily Borrowing Falls 18 Percent in the Fourth Quarter of 2020“Commercial and multifamily mortgage loan originations were 18 percent lower in the fourth quarter of 2020 compared to a year ago, and increased 76 percent from the third quarter of 2020, according to the Mortgage Bankers Association s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. A preliminary MBA measure of commercial and multifamily mortgage originations volumes shows borrowing and lending in 2020 was 30 percent lower than in 2019, with all major property types and most capital sources - o