According to the Mortgage Bankers Association (MBA), the level of commercial and multifamily mortgage debt outstanding increased by $11.1 billion in the first quarter of 2014, as three of the four major investor groups increased their holdings. That is a 0.4 percent increase over the fourth quarter of 2013.
Total commercial and multifamily debt outstanding stood at $2.56 trillion in the first quarter. Multifamily mortgage debt outstanding rose to $913 billion, an increase of $8.7 billion, or 1.0 percent, from the fourth quarter of 2013.
Read more...U.S. Commercial Mortgage Debt at Record High $2.56 Trillion - WORLD PROPERTY CHANNEL Global News Center
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