Finance Midwest

MBA: Commercial and multi-family mortgage originations to hit $254 billion in 2013

In its second annual forecast of the commercial/multi-family real estate finance markets, the Mortgage Bankers Association (MBA) projects originations of commercial and multi-family mortgages will grow to $254 billion in 2013, an increase of 11 percent from 2012 volumes, and continue to rise to $289 billion in 2015. Originations of multi-family mortgages are forecast at $100 billion in 2013.