“Borrowing and lending were down for every property type and capital source from one year ago. However, compared to this year’s second quarter, volumes were more stable, and some sectors—including industrial properties and life company lenders – showed an uptick in volume,” said Jamie Woodwell, MBA’s Head of Commercial Real Estate Research.
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Report: Commercial/Multifamily Lending Taking a Blow in 2023?
Driven by the changes in office work schedules and questions about how companies will handle hybrid work schedules, here’s how much an MBA report is forecasting overall commercial and multifamily mortgage borrowing/lending to plummet once 2023 is done.
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