Days ago, JLL released its estimate of the coming CRE maturity wall — $1.5 trillion by the end of 2025, with a quarter of the total likely finding difficulty in refinancing.
The basics have faced the industry for years. Now the specifics of reality are arriving. Many property owners, and their lenders, have some hard things to face. Will there be enough capital infusion available to enable refinancing or payment of the amounts owed?
However, the future doesn't stop in 2025. It keeps going and so does the one maturity wave after another. S&P Global Capital IQ made its own projections. The firm expects $946 billion to come to maturity in 2024 and another $998 billion in 2025. That total of more than $1.9 trillion is larger than the JLL $1.5 trillion estimate.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
