Washington, D.C.—The level of commercial/multifamily mortgage debt outstanding increased by $6.6 billion, or 0.3 percent, in the third quarter of 2012, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA).
The $2.38 trillion in outstanding commercial/multifamily mortgage debt was $6.6 billion higher than the second quarter 2012 figure. Multifamily mortgage debt outstanding rose to $825 billion, an increase of $12.1 billion or 1.5 percent from the second quarter of 2012.
Read more...Commercial and Multifamily Mortgage Debt Outstanding Increases for Fourth Straight Quarter | Multi-Housing News Online
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