Total commercial and multifamily mortgage borrowing and lending is expected to fall to $733 billion this year, down 18% from 2021 totals ($891 billion), according to an updated baseline forecast from the Mortgage Bankers Association (MBA).
“The rapid changes taking place across space, equity and debt markets are having a significant effect on commercial and multifamily real estate transaction volumes,” says Jamie Woodwell, MBA’s vice president for commercial real estate research. “After a record
