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2018 Set Record for Commercial/Multifamily Lending

Thursday, April 11, 2019

Multifamily properties led the list of investments in what was a record year of of commercial and multifamily lending in 2018.  Commercial and multifamily mortgage bankers closed $573.9 billion in loans during the year according to results from a Mortgage Bankers Association (MBA) survey.  The total represents an 8 percent increase from the volume in 2017. Multifamily lending accounted for $266.4 billion in lending volume. This category was followed by office buildings, retail properties, industrial, hotel/motel and health care.  Ninety-six percent of the volume was in senior lien lending. 

 

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Linden was very professional, knowledgeable, efficient, patient and personable. All of these qualities played an important part of processing and closing the loan. Linden was great through the whole process of working with me, to working with the real estate company, and other offices involved. I know the seller’s real estate agent was rude and hard to work with at times. It was unfortunate that Linden had to deal with it but he handled the situation professionally. Also, I was gone 95% of the time traveling for work while buying the home. Linden was great about working with me while I was away and helped keep things moving and organized. It was greatly appreciated.
Victoris S.