SAN DIEGO—Total commercial and multifamily mortgage borrowing and lending is expected to break $1 trillion for the first time in 2022, a 13% increase from 2021′s estimated volume of $900 billion. So said a new forecast released by the Mortgage Bankers Association at its 2022 Commercial/Multifamily Finance Convention and Expo.
During an afternoon general session, Michael Fratantoni, chief economist and SVP of research and industry technology at the Mortgage Bankers Association encouraged the audience that, with that in mind, they should "Be nimble."
He also said that "What looks like uncertainty today, won't be what it looks like tomorrow," and encouraged the audience to stay on their toes.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.