
Wall of Multifamily Maturities Means Buying Opportunities
With $1.99 trillion of multifamily mortgage debt outstanding through 2028, a wall of debt maturities is quickly approaching for multifamily borrowers and pockets of the market are already adjusting in advance of greater distress and more widespread price discovery, says Gray Capital. “Select opportunities are emerging as multifamily property owners anticipate broader cap rate expansion and look to get ahead of further pricing declines,” the Indianapolis-based owner/operator and syndicator says in a new report. The