Commercial and multifamily mortgage originations fell in the third quarter from a year earlier because of less lending for retail and office properties.

Origination volumes declined 7% from a year earlier and 17% from the second quarter, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.