Distressed real estate loans include commercial mortgage bank securities (CMBS) in the conduit and SASB universe that are delinquent, in special servicing, or a combination of both.
Citation formats
Metros with highest share of distressed multifamily real estate debt in the U.S 2023
San Francisco-Oakland-Fremont, CA, was the metropolitan area with the highest share of distressed multifamily real estate debt in the United States in April 2023. Distressed real estate loans, or the share of debt which was delinquent or in special servicing, was *** percent. Multifamily is one of the sectors that has gained a lot of attention among investors. Naturally, with that comes a significant amount of debt maturing in until 2025. The delinquency rate of multifamily real estate increased slightly in between Match 2022 and March 2023, but remained lower than the delinquency rates of offices, retail or lodging properties.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆÆ½â°æ can support your business.
CRED iQ. (May 3, 2023). Share of distressed (delinquent and specially serviced) multifamily real estate debt in the United States in April 2023, by metro [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/1389230/share-of-distressed-multifamily-real-estate-by-market/
CRED iQ. "Share of distressed (delinquent and specially serviced) multifamily real estate debt in the United States in April 2023, by metro." Chart. May 3, 2023. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/1389230/share-of-distressed-multifamily-real-estate-by-market/
CRED iQ. (2023). Share of distressed (delinquent and specially serviced) multifamily real estate debt in the United States in April 2023, by metro. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/1389230/share-of-distressed-multifamily-real-estate-by-market/
CRED iQ. "Share of Distressed (Delinquent and Specially Serviced) Multifamily Real Estate Debt in The United States in April 2023, by Metro." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 3 May 2023, /statistics/1389230/share-of-distressed-multifamily-real-estate-by-market/
CRED iQ, Share of distressed (delinquent and specially serviced) multifamily real estate debt in the United States in April 2023, by metro ÌÇÐÄÆÆ½â°æ, /statistics/1389230/share-of-distressed-multifamily-real-estate-by-market/ (last visited August 01, 2026)
Share of distressed (delinquent and specially serviced) multifamily real estate debt in the United States in April 2023, by metro [Graph], CRED iQ, May 3, 2023. [Online]. Available: /statistics/1389230/share-of-distressed-multifamily-real-estate-by-market/