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Commercial Multifamily Originations Up 2% from Last Year’s Pace

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Commercial and multifamily mortgage loan originations for the first nine months of 2016 increased 2% compared to the same period last year, according to the Mortgage Bankers Association’s (MBA).

Third quarter 2016 commercial and multifamily mortgage loan originations were 5% higher than the third quarter of 2015 and 7% higher than the second quarter of 2016.

“Rising property values, robust property fundamentals, low interest rates and a strong…

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