In 2023, multifamily lending volume reached $246.2 billion, a 49% decrease from the previous year, according to the Mortgage Bankers Association (MBA). Despite this decline, the multifamily market remained robust, with over 2,500 lenders facilitating more than 36,000 loans.
Greystone stood out as one of the top five multifamily lenders by dollar volume, reaffirming its position as a leader in the industry. The report highlights the continued diversity and depth of the multifamily lending market. MBA’s analysis underscores Greystone's resilience and prominence in a challenging market environment.
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