“Low interest rates are prompting borrowers to finance, and improving property markets are helping more deals underwrite successfully,” said Jamie Woodwell, the MBA vice president for commercial real estate research. “The relative strength of commercial and multifamily mortgages as investments continues to fuel lenders’ appetites.”

For all of 2012, the increases over 2011 for various property types were:

Hotels, 61 percent

Multifamily, 36 percent

Retail, 19 percent

Industrial, 10 percent

Office, 9 percent

Health care, 6 percent

Credits | UT


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