A.I., Loan Distress, and the Future of the Multifamily Market

The potential for distress looms large over the commercial real estate market, and a recent report notes that the multifamily market “has the most significant amount of debt maturities coming due” and, “pricing is off the most of any asset class.” With elevated interest rates as a persistent challenge, these debt maturities could have a major impact on multifamily pricing. At the same time, the fundamentals of the multifamily market are still strong, which continues to drive the interest of investors waiting for a buying opportunity at the intersection of the pricing mismatch and looming debt maturities in the apartment market.