Commercial and Multifamily Loan Maturities Down in 2017

Mortgage Bankers Association press release ---- Ten percent, or $175.9 billion, of $1.7 trillion of outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2017. This represents a 4 percent decrease from the $183.3 billion that matured in 2016, according to the release of the Mortgage Bankers Association's 2016 Commercial Real Estate/Multifamily Survey of Loan Maturity Volumes. "This year marks the end of the so-called 'wall' of commercial and multifamily mortgage maturities stemming from the ten-year loans made in 2006 and 2007," said Jamie Woodwell, MBA's Vice President of Commercial Real Estate Research. "As those loans have paid off and paid down, we've seen the amount left getting smaller, to the point that we have less in maturities this year than we did in either 2016 or 2010." For more in depth information on commercial and multifamily loan maturities down in 2017 click on the picture below to read the release.