The commercial/multifamily originations market grew 10 percent in 2006, with mortgage bankers closing $406.1 billion in commercial/multifamily loans, according to a survey conducted by the Mortgage Bankers Association. MBA's "2006 Commercial Real Estate/Multifamily Finance: Annual Origination Volume Summation" saw increases across every property type and most investor groups, with activity led by increases in loans for office buildings and loans intended for commercial bank and savings institution portfolios. "The $406 billion in originations volume in 2006 marked a new high," Jamie Woodwell, MBA's senior director of commercial/multifamily research, said in a statement. "Conduits packaging loans for commercial mortgage-backed securities (CMBS), collateralized debt obligations (C...
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