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Originators Backing Off Retail, Hotel Lending; Making Up for it with Increased Industrial, Health Care, Multifamily Outlays

May 11, 2017

Originators Backing Off Retail, Hotel Lending; Making Up for it with Increased Industrial, Health Care, Multifamily Outlays

May 8, 2017 | by Mark Heschmeyer | CoStar

First quarter 2017 commercial and multifamily mortgage loan originations increased 9% compared to the same period last year, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

A rise in originations for industrial, health care and multifamily properties led the overall increase in commercial/multifamily lending volumes when compared to the first quarter of 2016. Those gains, however, were offset by big drops in lending on retail and hotel properties.

The first quarter saw a 40% year-over-year increase in the dollar volume of loans for industrial properties, a 22% increase for health care properties, a 14% increase for multifamily properties, and a 2% increase for office properties.

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Gregory De Jong, CFP, Co-Founder of Paragon Advisors, LLC.
July 7, 2015

Blue Vault is just what advisors need to size up the different offerings in the nontraded REIT market. Just as importantly, it’s what the industry needs to encourage best practices among REITs.