Research by Kidder Mathews shows multifamily lending in Seattle and the Puget Sound region was keeping pace with 2019, at least until COVID-19 hit. A new report reveals multifamily loan originations in the Puget Sound Region surged 29% in 2019 to $12.5 billion. Q1 2020 originations were essentially flat year-over-year, both in terms of loan count and total balances.
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