Commercial and Multifamily Mortgage Debt Outstanding Increased to $4.99 Trillion in Fourth-Quarter 2025

Mar 26, 2026

Commercial and multifamily mortgage debt outstanding rose 1.5 percent, or 75.2 billion dollars, to 4.99 trillion dollars in the fourth quarter of 2025. Multifamily debt grew 57.3 billion dollars during the quarter and 142.9 billion dollars for the full year.

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