{"id":9002,"date":"2023-10-31T15:05:43","date_gmt":"2023-10-31T19:05:43","guid":{"rendered":"https:\/\/homefront.azhousingforall.com\/?p=9002"},"modified":"2023-11-14T15:06:42","modified_gmt":"2023-11-14T20:06:42","slug":"what-is-the-multifamily-sectors-short-term-exposure-to-credit","status":"publish","type":"post","link":"https:\/\/homefront.azhousingforall.com\/what-is-the-multifamily-sectors-short-term-exposure-to-credit\/10\/31\/2023\/","title":{"rendered":"What Is the Multifamily Sector\u2019s Short-Term Exposure to Credit?"},"content":{"rendered":"
A large number of multifamily loans are coming due from now through 2025, which is concerning given the high interest rate. Of nearly 83,200 active multifamily loans totaling close to $1.5 trillion at the end of August, 22.7 percent\u201418,910 loans\u2014had a maturity date within the 2023-2025 interval. The total value of these were $343 billion. And the top 30 metros accounted for 56.9 percent of all loans, or $1 trillion. Although the sheer number of loans for renter-by-necessity assets was more than double the Lifestyle volume, the overall values were close: $716.7 billion in loans serving RBN properties and $774.6 billion originated for Lifestyle assets.<\/p>\n
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