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Articles tagged with: rental property

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[13 Aug 2011 | No Comment | 2,517 views]
Commercial lending up substantially in second quarter

The national Mortgage Bankers Association reported that commercial and multifamily mortgage loan originations were up 107 percent in the second quarter compared to the same three months last year.
One thing striking about the report – from a residential standpoint – is that there was a 114 percent increase in mortgages for multifamily properties. In other words, there is clearly a demand out there for rental properties and the market is rushing to meet it.
While real estate markets are still in need of buyers, it appears the demand for rental properties …

Business, News, Real Estate »

[1 May 2011 | One Comment | 6,923 views]
Commercial originations up in 2010

The residential real estate market was still in recovery mode last year, but the national Mortgage Bankers Association reports that commercial real estate showed signs of improvement in 2010.
Actually, commercial markets improved quite a bit, according to the Association. In 2010, bankers reported $118.8 billion in closed commercial loans – up 44 percent from 2009. Multifamily accounted for the largest volume at $48.9 billion while offices were the next highest at $22.6 billion in originations.
In short, it appears there is a significant increase in demand for apartments. That should come …