Optimism Trumps Gloom at MBA Real Estate Conference

The MBA’s recent survey of multifamily mortgage debt shows that only 13 percent of the $1.45 trillion in outstanding multifamily mortgages (debt held by the GSEs, life companies, even CMBS providers) will come due in 2011. That’s actually good news. The number is low compared to the massive volume of commercial loans made, and ruined, in the heyday.

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