Multifamily, Commercial Real Estate Lending Jumped 40% in 2025

The increase showed growing confidence across the real estate finance market, according to the Mortgage Bankers Association.

A chart of commercial mortgage maturities from 2026 through 2035.

Loan Maturity Snapshot: How’s 2026 Shaping Up?

The latest Mortgage Bankers Association trends report points to a stronger year for originations.

A chart of commercial and multifamily loan originations from 2022 through 2025

Commercial, Multifamily Borrowing Rise in Q4 2025 

Originations went up for most asset classes.

Commercial and Multifamily Mortgage Debt Outstanding Increased in Q3 2025 

Agency and GSE portfolios once again led the market, with banks and life insurance companies also posting solid gains.

A chart of Commercial mortgage delinquency rates from 2021 through 2025

Commercial and Multifamily Mortgage Delinquency Rates Mixed in Q3

The latest report shows the impact of shifting fundamentals on loan performance.

A chart of commercial and multifamily loan originations from Q1 through Q3 2025

Commercial and Multifamily Borrowing Increased 36 Percent in Q3

Borrowing has now increased for five straight quarters on both a quarterly and annual basis.

A chart of multifamily debt holdings through 2025

Multifamily Mortgage Debt Outstanding Increased in Q2

Every major capital source added to its holdings, but growth varied.

A chart of multifamily lending volumes from 2020 through 2024

Multifamily Lending Increased Marginally in 2024

Read the Mortgage Bankers Association’s annual report of the multifamily lending market.

A chart of commercial and multifamily lending volumes from 2022 through 2025

Multifamily, Commercial Lending Jump in Q2: MBA

GSEs and life companies were among the sources boosting their year-over-year volume the most. Read the report.

A chart of commercial mortgage delinquencies in the first quarter of 2024

Mortgage Delinquency Rates Increased in Q4 2024

MBA estimates that almost $1 trillion worth of loans are maturing in 2025.