Commercial mortgage market grew last year despite growing capital

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One of Canada’s largest independent mortgage services firms has released its latest report on the commercial mortgage market. CMLS Financial’s commentary uses figures from 27 mortgage lenders together with publicly sourced data. For 2014 the firm estimates that the commercial mortgage sector, excluding construction, was worth $195 billion, a 5.4 per cent increase from 2013, with commercial mortgage origination remaining at 39 per cent. This was despite the growing availability of capital and alternative financing options. 
 

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