Daily Market Updates: A Third of Maturing Multifamily Debt Needs Cash Infusion to Refinance

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A Third of Maturing Multifamily Debt Needs Cash Infusion to Refinance

Reported · Written up by our desk · Residential

After September’s rate hike, $6.8 billion of fresh equity stands between maturing multifamily loans and a refinance. Loans written at 2021 and 2022’s low coupons are the hardest hit. 20 Exchange Place, a 54-story, 767-unit apartment tower near Wall Street that was built in 1929, was 94 percent occupied in the second quarter, and its […]

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Commercial ObserverA Third of Maturing Multifamily Debt Needs Cash Infusion to Refinance

Real Estate

A Third of Maturing Multifamily Debt Needs Cash Infusion to Refinance

More like this

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