Landlords Face a $1.5 Trillion Commercial Real Estate Maturity Wall. Around $95 billion of multifamily assets are at risk of distress. More lenders are submitting offers to refinance debt.

Sharing is Caring!

Landlords in the commercial real estate sector are indeed facing a significant challenge with $1.5 trillion of debt maturing by the end of next year. Approximately a quarter of this debt could be difficult to refinance due to higher interest rates and lower property valuations.

See also  The economy is in shambles, the Chinese government plans $284 billion in sovereign debt to revive growth.

Regarding multifamily assets, around $95 billion of these properties in the U.S. are currently in distress or at risk of becoming distressed. This situation has led to an increase in the number of lenders submitting offers to refinance debt, with the number of quotes doubling on average this year.

See also  US Commercial real estate loans are reaching delinquency rates not seen since the GFC

finance.yahoo.com/news/landlords-face-1-5-trillion-190000246.html

archive.ph/PEdw7

www.insurancejournal.com/news/national/2024/09/03/791096.htm

www.livemint.com/companies/news/landlords-face-a-1-5-trillion-commercial-real-estate-maturity-wall-11725134176287.html

h/t GoldFerret6796

Views: 165

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.