REITs, Pension Plans Increase Multifamily Debt Holdings

BY JANN SWANSONREITs,  Sep 27 2013, 11:54AM

Commercial and multi-family mortgage debt increased by $24.5 billion in the second quarter of 2013, with $10.9 billion of that being debt in the multi-family sector.  The Mortgage Bankers Association MBA said the increase in debt from quarter to quarter was 1.0 percent for all mortgage debt and 1.3 percent for multi-family.  The aggregate outstanding commercial and multifamily debt at the end of the second quarter was $2.45 trillion; the multifamily portion was $875 billion.

via REITs, Pension Plans Increase Multifamily Debt Holdings.

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