Commercial real estate loans originated for securitizations saw the biggest year-over-year gain of any CRE investor type. Overall quarter-over-quarter results, though, were down.
Commercial mortgage originations, including multifamily loan production, amounted to an estimated $103 billion during the first three months of this year.
Estimated CRE lending tumbled from $155 billion in the fourth quarter of last year. But the latest activity was slightly better than the $102 billion in estimated production during the first-quarter 2017.
Source: Mortgage Daily