Multifamily and Commercial Real Estate Have Stronger Start in Q1 Than Last Year—What the Data Says

Commercial real estate lending surged in Q1 2025, with CBRE reporting a 90% year-over-year jump in loan activity and tighter spreads driving new deals. In this episode, we break down what’s fueling the rebound—including bank and CMBS growth—and explore improving multifamily underwriting metrics, where investor sentiment for core assets is rising even as value-add assumptions hold steady. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices