Multifamily loans in CMBS

Public CMBS trusts hold 2,056 multifamily loans with $38.7B outstanding. 7.6% of that balance is with a special servicer and 7.5% is delinquent. The median loan reports 1.63x debt service coverage today against 1.51x when it was underwritten, and 95% occupancy against 97%.

When multifamily loans mature

Outstanding multifamily CMBS balance by year of maturity. Vermilion marks the share that is delinquent or with the special servicer. Data as of the 2026-10 servicer reports.
Maturity wall table
MaturityLoansBalanceSpecial servicingDelinquent
Past due 2 $271.6M $271.6M $271.6M
2026 40 $361.0M $183.6M $24.3M
2027 102 $1.9B $96.7M $96.7M
2028 181 $3.4B $404.4M $420.6M
2029 538 $11.0B $817.9M $1.0B
2030 423 $8.2B $404.2M $428.5M
2031 483 $8.9B $391.8M $337.0M
Later 287 $4.6B $381.7M $313.4M

Where they are

Delinquent or with the special servicer

The 150 largest of 167.

Property Location Balance Rate Matures DSCR Occ. Status
Parkmerced San Francisco, CA $260.0M 2.725% Dec 2024 n/a n/a Past maturity and not performing
2 Washington Street New York, NY $131.5M 3.45% Aug 2031 n/a n/a With the special servicer and 90+ days delinquent
Starburst Apartments Austin, TX $110.0M 7.37% May 2028 n/a n/a With the special servicer and 90+ days delinquent
The Muse Dallas, TX $81.6M 7.364% Oct 2033 n/a n/a With the special servicer
Falls Houston Multifamily Portfolio Houston, TX $63.3M 6.944% Jul 2029 1.38x 89% With the special servicer and 90+ days delinquent
Estates at Palm Bay Fort Walton Beach, FL $60.7M 6.55% Sep 2029 1.24x 92% With the special servicer and 90+ days delinquent
Waterford Grove Apartments Houston, TX $60.0M 6.567% Mar 2030 0.88x 71% Delinquent
Rockridge Apartments Houston, TX $54.0M 8.00% Nov 2028 0.44x 25% With the special servicer and 90+ days delinquent
The Riley Richardson, TX $53.8M 7.13% May 2034 1.02x 84% With the special servicer and 30-59 days delinquent
Euclid Apartments Euclid, OH $53.0M 7.06% Feb 2029 n/a n/a With the special servicer and 90+ days delinquent
Providence at Heights & Legacy at Westchase Houston, TX $50.5M 6.36% Jun 2030 1.18x 93% With the special servicer
The Cove at Tiburon Tiburon, CA $50.0M 3.75% Oct 2026 1.21x 87% With the special servicer
GM Holdings Portfolio Philadelphia, PA $46.0M 7.055% Apr 2030 1.33x 91% With the special servicer and 90+ days delinquent
Cypress Village Apartments Saint Ann, MO $45.6M 7.09% Mar 2030 n/a n/a With the special servicer and 30-59 days delinquent
88 North 1st Street Brooklyn, NY $43.2M 6.31% Oct 2029 1.26x 100% Delinquent
Knoll Ridge Indianapolis, IN $42.5M 7.22% Sep 2033 n/a n/a With the special servicer and 90+ days delinquent
Somerset I Alsip, IL $42.5M 3.78% Dec 2031 n/a n/a With the special servicer
The Buckingham Chicago, IL $42.3M 5.522% Aug 2028 1.18x n/a With the special servicer and 90+ days delinquent
Haven at Bellaire Richmond, TX $41.6M 6.262% Oct 2030 1.07x 91% With the special servicer and 60-89 days delinquent
Norwood Court Apartments St. Louis, MO $41.3M 6.318% Aug 2029 n/a n/a With the special servicer and 90+ days delinquent
3004 Heath Avenue Bronx, NY $39.0M 4.14% Dec 2031 n/a n/a With the special servicer and 90+ days delinquent
Ferncrest Apartments Cincinnati, OH $39.0M 6.91% Apr 2033 n/a n/a With the special servicer and 90+ days delinquent
832/834 Lexington Avenue Brooklyn, NY $38.0M 3.88% Feb 2030 n/a n/a With the special servicer and 30-59 days delinquent
The Onyx Houston, TX $38.0M 3.934% Dec 2031 n/a n/a With the special servicer and 90+ days delinquent
Shoreline Apartments Tulsa, OK $35.5M 6.76% Mar 2030 n/a n/a With the special servicer and 90+ days delinquent
The Pointe Pasadena, TX $33.4M 6.28% May 2029 n/a n/a With the special servicer and 90+ days delinquent
Residence at Patriot Place Columbus, GA $33.0M 6.751% Dec 2028 n/a n/a With the special servicer and 90+ days delinquent
The Wymore 360 Altamonte Springs, FL $33.0M 6.839% Nov 2029 0.67x 90% With the special servicer and 30-59 days delinquent
Park Parthenia Northridge, CA $32.5M 7.39% Jun 2029 n/a n/a Delinquent
Jersey City Group 2 Jersey City, NJ $32.2M 4.62% Nov 2029 n/a n/a With the special servicer and 90+ days delinquent
26 Prince New York, NY $32.0M 5.203% Jun 2028 n/a n/a With the special servicer and 90+ days delinquent
Brush Factory Lofts Philadelphia, PA $31.9M 3.94% Nov 2031 n/a n/a With the special servicer
449 South Broadway Los Angeles, CA $31.8M 4.45% Jun 2027 1.05x 92% With the special servicer and 90+ days delinquent
92-96 Highland Avenue Jersey City, NJ $31.4M 4.62% Nov 2029 n/a n/a With the special servicer and 90+ days delinquent
Drexel Terraces Chicago, IL $31.0M 6.20% Mar 2029 1.20x 91% With the special servicer and 90+ days delinquent
3143-3149 Kennedy Boulevard Jersey City, NJ $30.5M 4.62% Nov 2029 n/a n/a With the special servicer and 90+ days delinquent
AL & SC Multifamily Portfolio Hoover, AL $30.4M 7.03% Nov 2029 n/a n/a With the special servicer and 90+ days delinquent
Park at Trowbridge Southfield, MI $28.8M 7.28% Nov 2033 n/a n/a With the special servicer and 90+ days delinquent
Steeples Apartments Houston, TX $28.3M 3.89% Jan 2030 1.22x 90% With the special servicer and 90+ days delinquent
Maple Creek Village Apartments Indianapolis, IN $28.2M 7.15% Aug 2033 -0.08x n/a With the special servicer and 90+ days delinquent
Providence at Champions Houston, TX $27.5M 6.49% Jun 2030 0.95x 92% With the special servicer
Highland Hills Apartments Jackson, MS $27.1M 5.591% Jan 2029 -0.58x 45% With the special servicer and 90+ days delinquent
Elevate at the Pointe Marietta, GA $26.5M 6.20% Feb 2029 1.01x 90% With the special servicer
Falls of Westpark Houston, TX $26.3M 6.842% Dec 2029 n/a n/a With the special servicer and 90+ days delinquent
Village at Beech Hill Manchester, NH $25.8M 5.515% Sep 2028 0.04x 73% With the special servicer and 90+ days delinquent
Falls of Deer Park Apartments Pasadena, TX $25.0M 3.74% Sep 2031 n/a n/a With the special servicer and 90+ days delinquent
Townhomes with a View Clackamas, OR $24.3M 4.40% Jul 2029 1.07x 90% Delinquent
7500 S South Shore Chicago, IL $24.2M 4.16% Jan 2030 n/a n/a With the special servicer and 90+ days delinquent
Leeton Leased Fee Portfolio Fort Worth, TX $23.9M 6.395% Jul 2035 n/a n/a With the special servicer and 30-59 days delinquent
Brooklyn Multi Portfolio Brooklyn, NY $22.5M 3.77% Aug 2031 n/a n/a With the special servicer and 90+ days delinquent
Club Royale Apartments Rialto, CA $22.4M 4.269% Nov 2026 2.57x 98% With the special servicer
65 4th Avenue Brooklyn, NY $21.0M 6.468% Oct 2029 1.26x 100% Delinquent
Valley Hill Apartments Cincinnati, OH $21.0M 7.03% Jul 2033 n/a n/a With the special servicer and 90+ days delinquent
Highland Chateau Property Memphis, TN $20.6M 5.21% Sep 2028 n/a n/a With the special servicer and 90+ days delinquent
The Rockland Lawrence, KS $19.7M 3.89% Nov 2029 n/a n/a With the special servicer and 90+ days delinquent
The Tower at Opop St. Louis, MO $18.9M 4.79% Mar 2027 0.59x 52% With the special servicer and 90+ days delinquent
Teller Avenue Portfolio Bronx, NY $18.5M 7.42% Jan 2030 1.35x 98% With the special servicer and 90+ days delinquent
Cunningham Apartments Washington, DC $18.5M 6.80% Nov 2029 n/a n/a With the special servicer and 90+ days delinquent
Horn Southeast Multifamily Portfolio - Garrett Woods Apts. Phenix City, AL $18.4M 6.74% Jan 2029 n/a n/a With the special servicer and 90+ days delinquent
Falls of West Oaks Houston, TX $18.3M 3.80% Jun 2031 n/a n/a With the special servicer and 90+ days delinquent
Sorento Flats Seattle, WA $18.2M 5.20% Feb 2029 0.88x 91% With the special servicer and 90+ days delinquent
Sunlight Townhomes and Greeley Apartments Greeley, CO $18.0M 6.395% Sep 2029 1.07x 91% With the special servicer and 90+ days delinquent
Village on the Park Southgate Southgate, MI $17.8M 5.29% Mar 2028 n/a n/a With the special servicer and 90+ days delinquent
5 East Apartments Baton Rouge, LA $17.5M 6.92% Sep 2029 n/a n/a With the special servicer and 90+ days delinquent
Magnolia Gardens Baton Rouge, LA $17.2M 5.59% Mar 2029 n/a n/a With the special servicer and 90+ days delinquent
Hayes Court Jackson Heights, NY $17.1M 3.726% Nov 2031 1.60x 98% With the special servicer and 90+ days delinquent
Osprey Cove North Jacksonville, NC $16.6M 6.33% Feb 2031 n/a n/a Delinquent
New Haven Multifamily Portfolio CT $16.6M 4.45% Aug 2030 1.32x 88% With the special servicer
Boston Creek Apartments Lubbock, TX $16.3M 4.983% Jan 2027 0.78x 89% With the special servicer and 90+ days delinquent
The Pointe NYC Rego Park, NY $16.0M 4.384% Jan 2030 1.11x 96% Delinquent
Sawmill Apartments Indianapolis, IN $15.5M 6.10% Dec 2029 1.07x 81% Delinquent
Conway Multifamily Portfolio II NY $15.4M 6.35% Feb 2029 -0.18x n/a With the special servicer and 90+ days delinquent
4520 S Drexel Boulevard Chicago, IL $15.4M 6.15% Jun 2032 1.00x 85% With the special servicer and 90+ days delinquent
7105 - 7115 37th Avenue Jackson Heights, NY $14.5M 4.60% Sep 2029 0.79x 96% With the special servicer and 90+ days delinquent
The Hamptons Las Vegas, NV $14.4M 4.269% Nov 2026 1.33x 72% With the special servicer
Jamesbridge Apartments Memphis, TN $14.3M 4.65% Sep 2029 n/a n/a With the special servicer and 90+ days delinquent
Bronx Multifamily Portfolio, Bronx (2030 maturity), loan 19 in BBCMS Mortgage Trust 2020-C7 Bronx, NY $14.2M 3.97% Apr 2030 2.08x 97% With the special servicer and 90+ days delinquent
Fairmount at Brewerytown Philadelphia, PA $14.0M 5.00% Sep 2027 1.08x 89% With the special servicer and 90+ days delinquent
2315 N Front St Philadelphia, PA $13.8M 6.396% Sep 2029 n/a n/a Delinquent
Oak Forest Apartments Monroe, MI $13.6M 5.164% May 2027 n/a n/a With the special servicer and 90+ days delinquent
Capitol Hill Apartment Portfolio WA $12.8M 4.171% Sep 2026 1.09x 96% Past maturity and not performing
Legends at Kingsville Kingsville, TX $12.7M 5.00% May 2029 1.20x 90% With the special servicer and 90+ days delinquent
1433 Dekalb Avenue Brooklyn, NY $12.5M 3.70% Oct 2029 2.17x 96% With the special servicer and 90+ days delinquent
836 Dekalb Avenue Brooklyn, NY $12.5M 3.70% Oct 2029 2.66x 100% Delinquent
345 Flats Kent, OH $12.3M 5.191% Dec 2028 n/a n/a With the special servicer and 30-59 days delinquent
105-107 Vanderveer Street & 96 De Sales Place Brooklyn, NY $12.2M 3.70% Oct 2029 2.67x 96% Delinquent
Rio Springs Apartments San Antonio, TX $12.2M 6.69% Dec 2029 1.56x 89% Delinquent
245 North 8th Street Brookyln, NY $11.7M 3.89% Sep 2030 n/a n/a Delinquent
1442 Lexington Ave New York, NY $11.6M 5.69% May 2023 0.28x 100% Past maturity and not performing
The Pointe & Oak Shadows TX $11.5M 6.28% May 2029 n/a n/a With the special servicer and 90+ days delinquent
Heritage Place Apartments Meridian, MS $11.5M 4.85% Aug 2029 n/a n/a With the special servicer and 90+ days delinquent
100 Valley Hill Road Riverland, GA $11.3M 6.309% Jan 2029 n/a n/a With the special servicer and 90+ days delinquent
Campus Walk Chico Apartments Chico, CA $11.0M 4.27% Jan 2030 1.07x 75% With the special servicer and 90+ days delinquent
2219 N Hamilton Avenue Chicago, IL $11.0M 6.75% Aug 2028 0.72x 91% Delinquent
The Bedford Apts Jersey City, NJ $10.8M 5.95% Apr 2030 0.90x 93% Delinquent
1413 Germantown Avenue Philadelphia, PA $10.7M 3.98% Dec 2029 1.02x 90% With the special servicer and 90+ days delinquent
884 Riverside Drive New York, NY $10.6M 4.50% Jun 2031 1.34x 93% With the special servicer and 90+ days delinquent
Green Tree Villas Memphis, TN $10.5M 8.18% Nov 2028 n/a n/a With the special servicer and 30-59 days delinquent
Studio Village North Hollywood, CA $9.7M 4.269% Nov 2026 1.65x 96% With the special servicer
Southside Terrace Apartments New Paltz, NY $9.5M 7.066% May 2035 2.31x 91% Delinquent
Marshall Apartments Hartford, CT $9.4M 7.74% Dec 2033 1.05x 97% With the special servicer and 90+ days delinquent
Meadowbrook Apartments Baton Rouge, LA $9.4M 7.29% Jan 2029 n/a n/a With the special servicer and 90+ days delinquent
97 Second Avenue New York, NY $9.3M 5.35% Feb 2029 n/a n/a With the special servicer and 90+ days delinquent
Fondren Hill Apartments Jackson, MS $9.0M 4.32% Nov 2028 n/a n/a With the special servicer and 90+ days delinquent
Casa Del Sol (sierra Springs) San Bernardino, CA $9.0M 4.269% Nov 2026 3.67x 97% With the special servicer
Boardwalk-Park Place Buena Park, CA $8.6M 4.269% Nov 2026 2.33x 96% With the special servicer
James Creek and Foxfire Student Housing OK $8.5M 3.96% Sep 2026 1.76x 97% Past maturity and not performing
The Annie Cedar City, UT $8.5M 6.575% Jul 2030 n/a n/a Delinquent
1281 Hoe Avenue Bronx, NY $8.4M 6.94% Apr 2029 n/a n/a With the special servicer and 90+ days delinquent
Adar New Haven Multifamily Portfolio New Haven, CT $8.4M 4.17% Jun 2031 1.69x 89% With the special servicer and 90+ days delinquent
257-261 Rosa Parks Boulevard Paterson, NJ $8.3M 7.345% Jun 2035 n/a n/a Delinquent
322 Graham Avenue Brooklyn, NY $8.2M 6.33% Feb 2029 1.10x 100% With the special servicer and 90+ days delinquent
Terrace Pointe Van Nuys, CA $8.1M 4.269% Nov 2026 n/a n/a With the special servicer
302 Graham Avenue Brooklyn, NY $8.0M 6.44% Jun 2029 1.18x 100% Delinquent
105 Van Cortlandt Park Yonkers, NY $7.9M 3.78% Dec 2029 1.13x 84% Delinquent
Eden Apartments Louisville, KY $7.6M 6.625% Jul 2028 1.50x 90% With the special servicer and 90+ days delinquent
Urbane 424 Burlington, IA $7.6M 6.48% Dec 2030 n/a n/a Delinquent
Parker Square Apartments Houston, TX $7.6M 5.085% Aug 2028 0.98x 94% With the special servicer and 90+ days delinquent
Village Place Apartments Odessa, TX $7.4M 6.70% Apr 2030 1.31x 85% Delinquent
Park Pointe Los Angeles, CA $7.2M 4.269% Nov 2026 1.81x 95% With the special servicer
475 Grand Street Brooklyn, NY $6.7M 4.09% Apr 2031 2.00x 100% Delinquent
8052 South Laflin Street Chicago, IL $6.6M 6.556% Mar 2033 n/a n/a With the special servicer and 90+ days delinquent
Upper West Side Mixed-Use New York, NY $6.6M 4.155% Nov 2030 n/a n/a With the special servicer
Sunset Landing Bridgman, MI $6.3M 5.74% Aug 2032 n/a n/a With the special servicer and 90+ days delinquent
372 Baltic Street Brooklyn, NY $6.3M 7.12% Mar 2033 n/a n/a With the special servicer and 90+ days delinquent
856 Greene Avenue Brooklyn, NY $6.2M 5.15% Apr 2029 n/a n/a With the special servicer and 90+ days delinquent
1895 Clinton Road Macon, GA $6.1M 5.22% Jul 2028 1.35x 87% With the special servicer and 90+ days delinquent
Westcreek II Jacksonville, FL $6.0M 7.86% Aug 2033 n/a n/a With the special servicer and 90+ days delinquent
Hollywood Pointe - Inglewood Inglewood, CA $5.7M 4.269% Nov 2026 -0.58x n/a With the special servicer
Woodman Townhomes Van Nuys, CA $5.7M 5.997% Jul 2029 n/a n/a With the special servicer and 90+ days delinquent
47 East 129th St New York, NY $5.5M 7.41% Oct 2028 n/a n/a With the special servicer and 90+ days delinquent
155 Meserole Street Brooklyn, NY $5.5M 3.70% Nov 2029 2.51x 100% Delinquent
2046 Mapes Avenue Bronx, NY $5.3M 7.355% Oct 2028 1.34x 100% Delinquent
119 Guernsey Street Brooklyn, NY $5.1M 3.70% Nov 2029 2.17x 100% Delinquent
La Provence Apartments Lake Wales, FL $5.0M 7.75% Apr 2029 n/a n/a Delinquent
Hidden Creek Apartments, Dayton Dayton, OH $4.8M 7.78% Aug 2029 n/a n/a With the special servicer and 90+ days delinquent
Hollywood Pointe - Yucca Los Angeles, CA $4.7M 4.269% Nov 2026 1.07x 100% With the special servicer
1337 Nostrand Ave Brooklyn, NY $4.7M 6.90% Sep 2029 n/a n/a Delinquent
7253 South Evans Avenue Chicago, IL $4.5M 6.556% Mar 2033 n/a n/a With the special servicer and 90+ days delinquent
938 East 4th Street Bethlehem, PA $4.4M 7.28% Jul 2033 n/a n/a With the special servicer
Bender Creek Apartments Humble, TX $4.4M 5.00% Sep 2028 0.76x 81% With the special servicer and 90+ days delinquent
Lofts at Binghamton Portfolio NY $4.3M 5.64% Feb 2029 1.19x 94% Delinquent
The Hill Columbus, GA $4.1M 8.245% Jan 2029 n/a n/a With the special servicer and 90+ days delinquent
35 South 3rd Street Philadelphia, PA $4.0M 7.82% Aug 2028 n/a n/a With the special servicer and 90+ days delinquent
Rose Terrace - Whittier Whittier, CA $3.9M 4.269% Nov 2026 1.70x 96% With the special servicer
Woodland Pointe Canoga Park, CA $3.8M 4.269% Nov 2026 n/a n/a With the special servicer
319 Main Street Berlin, CT $3.8M 4.82% May 2031 1.07x 85% With the special servicer
Magnolia Flats Apartments Balcones Heights, TX $3.6M 6.84% Nov 2030 n/a n/a Delinquent
Valencia Apartments Hawthorne, CA $3.5M 4.269% Nov 2026 2.39x 96% With the special servicer
Burnet House Apartments North Hills, CA $3.4M 4.269% Nov 2026 0.92x 100% With the special servicer

Multifamily loan coming due?

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