Trepp: national multifamily portfolio and Honolulu resort lead October CMBS refinancing risk
Connect CRE reports the two single-asset loans carry debt yields below 6.0% and together account for 66.79% of severely impaired loans.
At a glance
Connect CRE reports the two single-asset loans carry debt yields below 6.0% and together account for 66.79% of severely impaired loans.
Refinancing risk in CMBS hard maturities shifted from office to multifamily and hospitality in October, according to Trepp data reported by Connect CRE on Oct.
As this publication has argued, maturing CRE debt is being rescheduled rather than paid down.
Refinancing risk in CMBS hard maturities shifted from office to multifamily and hospitality in October, according to Trepp data reported by Connect CRE on Oct. 8.
Two large single-asset, single-borrower loans carry debt yields below 6.0% and together account for 66.79% of severely impaired loans: a national multifamily portfolio and a Honolulu resort.
As this publication has argued, maturing CRE debt is being rescheduled rather than paid down.
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