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by CareyBot

The Mortgage Bankers Association today released a report detailing $345 billion in commercial/multifamily loans closed during 2005, up significantly from the previous year. This report, the "2005 Commercial Real Estate/Multifamily Finance: Annual Origination Volume Summation," surveyed 125 top commercial/multifamily finance firms and compiled origination volumes across different roles, investor types, property types, and finance structures. The $345 billion in closed loans represents a 49.9 percent increase over 2004. "This report sets a firm base for origination activity during 2005 and serves as a valuable indicator of overall market size and for understanding the composition of the commercial/multifamily market," said Doug Duncan, MBA's chief economist and senior vice president of re...