Thursday, October 13, 2011

Multifamily Lending Up as Investors Seek Safe Haven

The Mortgage Bankers Association reported recently that multifamily lending rose 36% in 2010 compared to 2009 and that the trend was continuing into 2011. The MBA and other organizations that keep track of such statistics further believe that, going forward beyond 2011, banks will continue to keep their sights on the apartment market. Read more online.