MBA: Commercial real estate debt outstanding grows at record pace

Commercial real estate debt outstanding grew at the fastest quarterly rate in seven years in the fourth quarter of 2014, according to a new report from the Mortgage Bankers Association (MBA). Outstanding debt increased from the third quarter by $48.9bn, or 1.9 percent, to $2.64tr. The previous record was a 3.7 percent increase between the third and fourth quarters of 2007. Three of the four major investor groups were responsible for the hike.