Commercial Lending Markets Set Up for Growth in 2021, Winston Rowe and Associates

Commercial and multifamily lending markets are poised for strong growth in 2021. According to a new report from the Mortgage Bankers Association.
By: Winston Rowe and Associates
 
NEW YORK - Aug. 18, 2021 - PRLog -- Commercial and multifamily mortgage bankers are predicted to close $486 billion this year—an increase from the $440 billion in loan volumes closed in 2020—with multifamily lending driving the growth.

The sector alone is set to increase 7% this year, up $323 billion in 2021. By comparison, multifamily lending activity totaled $302 billion in 2020.

Maturities will also increase this year. This year, 10% or $223 billion of the total $2.3 trillion of commercial mortgage debt is scheduled to mature this year. This is a 36% increase in loan maturities compared to 2020, when maturities totaled $163.2 billion.

This is a bright outlook considering the low bar the market set last year. In December, CMBS delinquencies were still on the rise, according to an end-of-the-year report from MBA, with 5.7% of commercial mortgages delinquent in November, increasing from 5.4% in October.

This article was prepared by Winston Rowe and Associates, they are a national consulting and advisory firm specializing in working with commercial real estate investors seeking capital in the non-bank secondary markets.

If you would like to learn more about Winston Rowe and Associates you can review them online at https://www.winstonrowe.com

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Tags:Real Estate
Industry:Real Estate
Location:New York City - New York - United States
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