Maturities for multifamily loans will be up this year by double-digits during the disruption of capital markets by the COVID-19 pandemic, according to a new report from CBRE.
The rise in multifamily maturities—up 11.9% to $72.9 billion in the main lender categories—is expected, writes report author Jeanette Rice, CBRE's head of multifamily research for the Americas. It's part of "a new 'wall of maturities' that is building for the 2022-2026 period."
For its report, CBRE analyzed maturity forecasts produced by Trepp and the Mortgage Bankers Association.
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Thomas Phillips
Thomas Phillips is part of the social media team at ALM Media.
