|Title: ||Commercial/Multifamily Real Estate Market Continues to Feel Effects of Economic Downturn|
January 5, 2010
Member of the Media:
The Mortgage Bankers Association (MBA) today released its Commercial Real Estate/Multifamily Finance Quarterly Data Book for
the third quarter of 2009. Though technically the third quarter likely marked the end of the recession, strains on various
parts of the commercial/multifamily real estate market continue to be felt. This analysis focuses on the overall state of
the economy and the resulting impacts on real estate fundamentals, mortgage originations, mortgage debt outstanding and mortgage
performance in the third quarter.
The Data Book compiles the most up-to-date information on topics of interest to commercial/multifamily real estate finance
industry participants and observers including trends in property sales, originations, delinquencies and mortgage debt outstanding.
For the full analysis please click here.
The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry
that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the
association works to ensure the continued strength of the nation's residential and commercial real estate markets; to expand
homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and
fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety
of publications. Its membership of over 2,200 companies includes all elements of real estate finance: mortgage companies,
mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending
field. For additional information, visit MBA's Web site: www.mba.org.