Apartment Owners Struggle with Refinancing as $297,000,000 in Debt Matures

Apartment Owners Struggle with Refinancing as $297,000,000 in Debt Matures

As property owners face rising borrowing costs and weakening rental markets, a staggering amount of apartment debt is reaching maturity. Nearly $297 billion in multifamily mortgages is due in 2026, constituting around 13% of the $2.3 trillion in multifamily loans monitored by the Mortgage Bankers Association. An additional $223 billion is set to mature in […]