Record $573.9 Billion of U.S. Commercial, Multifamily Mortgage Originations Made in 2018

According to the Mortgage Bankers Association's 2018 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation, mortgage bankers in the U.S. closed a record $573.9 billion in commercial, multifamily loans in 2018.Commercial bank portfolios were the leading capital source for whom loans were originated in 2018, responsible for $174.0 billion of the total. The government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac saw the second highest volume, at $142.3 billion, and were followed by commercial mortgage-backed securities (CMBS) issuers, life insurance companies and pension funds, and REITs, mortgage REITs and investment funds.