Multifamily Loan Losses Spike As Debt From 2021 Peak Comes Due While much of the concern over commercial real estate distress has focused on the office market, a new report shows multifamily loans are the ones that saw the biggest spike in losses last year.
The loss rate for apartment loans last year reached 16%, up from around 5% in the prior two years, according to MSCI’s U.S. Capital Trends report released Wednesday.The rate of losses is still less than half of what it was during 2009, when lenders were taking losses on 37% of apartment loans, but MSCI… Read the full story here. |