Advertise, Promote, Attend, Create – Work with Connect.
A full service marketing and PR agency.
Meet the team behind the machine and taste a little of the secret sauce.

National CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


National  + Finance  | 
The Mortgage Bankers Association expects 2022 volume for commercial and multifamily mortgages to be comparable to last year

CRE Loan Volume Posts Smaller Year-Over-Year Drop Than at Pandemic’s Height

Commercial and multifamily mortgage loan originations decreased 14% in the first quarter of 2021 compared to the same period last year, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

Putting the annual decrease into perspective, MBA’s Jamie Woodwell noted that Q1’s 14% decline “was smaller than the year-over-year drops seen at the height of the pandemic-induced economic slowdown.”

MBA’s VP of commercial real estate research, Woodwell added, “Industrial and multifamily properties continue to attract the greatest interest, and retail and hotels saw the largest declines. As the economic recovery and re-opening speeds up, investors and lenders should have greater clarity into which pandemic-led changes are temporary, and which are more permanent.” 

By property type, MBA said hotels decreased by 82% Y-O-Y, retail by 45%, office by 34% and multifamily properties by 5%. Conversely, healthcare lending rose 5%, and debt for industrial properties increased 66%.


Inside The Story

Connect With MBA’s Woodwell

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).