Apartment lending jumped 32% to $382 billion last year, but most of that went to large multifamily deals. Small and mid-sized apartment owners face a different financing picture than the headline suggests.
A report came out this week showing that apartment lending jumped 32% last year, nearly $382 billion in new mortgages. If you own an apartment building and you have been told that financing is tight, that headline probably surprised you. But that number is describing a different market than yours, and underneath it, there was a quieter change this year that matters far more if you own a small or mid-sized building.
