Uncertainty and volatility that are disrupting the economy, interest rates, and property valuations will likely continue to cause instability for commercial real estate markets well into this year, according to the Mortgage Bankers Association (MBA).
Multifamily lending will take the brunt of the negativity, falling by about 11 percent to $393 billion, according to MBA's head of research, Jamie Woodwell.
Combined with commercial lending, they should fall by 5 percent overall, MBA said.
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