According to a Mortgage Bankers Association (MBA) report released today, the level of commercial and multifamily mortgage debt outstanding increased by $24.9 billion in the second quarter of 2014, as three of the four major investor groups increased their holdings. That is a 1.0 percent increase over the first quarter of 2014.
Total commercial and multifamily debt outstanding stood at $2.56 trillion in the second quarter. Multifamily mortgage debt outstanding rose to $930 billion, an increase of $13.0 billion, or 1.4 percent, from the first quarter of 2014.
Read more...Commercial, Multifamily Mortgage Debt in U.S. Rises to $2.56 Trillion - WORLD PROPERTY JOURNAL Global News Center