Multifamily distress grows, but data suggest a contained problem

Why it matters

The growth in multifamily distress to $115.3 billion, representing 5.7% of outstanding multifamily debt, signals notable credit stress in a significant real estate sector, but data suggest the problem remains contained without systemic spillover, making it a significant market development but not a systemic or regulatory event.

Sources

• HousingWire

  Multifamily distress grows, but data suggest a contained problem

  Real Capital Analytics puts potential distress at $115.3 billion, about 5.7% of multifamily debt outstanding