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Wednesday, 07 November 2018

MBA Increases Projection of Loan Originations for This Year to $532Bln

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The Mortgage Bankers Association expects the volume of commercial mortgage originations this year to increase slightly, to $532 billion from last year's $530 billion.

That marks an increase in expectations by the Washington, D.C., trade group, which earlier this year forecast that origination volume would decline by 2 percent as relatively few loans were set to mature and activity in the investment-sales market remained lackluster.

But things are starting to turn around in the investment-sales market as investors are chock full of capital to invest. During the third quarter, sales volume was up 17 percent from a year earlier, according to Real Capital Analytics.

"Property incomes and values continue to grow, albeit at slower paces than previous years, and the amount of capital looking to be placed in real estate and debt remains robust," explained Jamie Woodwell, vice president of commercial real estate research for the MBA. "We anticipate that much of the momentum seen this year will carry on into 2019."

Comments? E-mail Orest Mandzy, or call him at (267) 327-4281.



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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Mortgages/Financing (MOR), Research (RES)
  • Company: Mortgage Bankers Association of America
  • Private: No
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Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44

 

RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41

 

 

 

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