National Real Estate Investor
CRE Loan Originations Expected to Rise 7 Percent in 2014, Conduit Lenders and Life Insurers Likely to Drive the Growth
Commercial mortgage lenders expect another steady year in 2014, with a healthy appetite for risk and an emphasis on multifamily andproperties. Researchers with the Mortgage Bankers Association (MBA) have just released projections for $300 billion in commercial and multifamily mortgage originations for 2014 at the organization’s annual convention and expo in Orlando, Fla. The figure would represent a 7 percent increase from origination volumes reported in 2013.
Commercial Real Estate in a Slow-Growth Recovery
GDP growth of around 3 percent may fall short of the 4 percent to 5 percent growth seen in past recoveries. This has implications for commercial real estate (CRE): like most, CRE typically performs better when the economy’s wind is at its back.