In 2013, $ 119.5 billion, eight percent of the outstanding balance, of commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2013, a 21 percent decline from the $ 150.6 billion that matured in 2012, according to MBA's 2012 Commercial Real Estate / Multifamily Survey of
Loan Maturity Volumes.
Overall, $ 119.5 billion, eight percent of the outstanding balance, of commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2013, a 21 percent decline from the $ 150.6 billion that matured in 2012, according to MBA's 2012 Commercial Real Estate / Multifamily Survey of
Loan Maturity Volumes.
Not exact matches
The market rate lending
volume is off to a booming start this year because of higher sales
volumes, more
loan maturities and construction
loans that were done in recent years that are now rolling into permanent
loans.
Mezzanine activity has been bolstered by the high
volume of CMBS
loan maturities.
According to Hambly, some industry estimates have put the
volume of remaining CMBS
loan maturities that will not be able to be refinanced in today's market at close to 40 percent.
CMBS defaults may spike this year, as the high
volume of upcoming
loan maturities might leave some borrowers scrambling for funds to refinance their
loans, reveal new reports from Fitch Ratings and Trepp LLC...