The level of commercial/multifamily mortgage debt outstanding during the final three months of 2021 was $287 billion (7.4%) higher than at the end of 2020, according to the Mortgage Bankers Association‘s (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.
MBA’s report found that total mortgage debt outstanding rose by 2.9% ($116.0 billion) in fourth-quarter 2021. Multifamily mortgage debt grew by $42.1 billion (2.4%) to $1.81 trillion during the fourth quarter, and by $121.9 billion
