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computed from facts with a stated formula and window
1,899 loans on DFX's tape (41 FHA-insured multifamily, 1,858 CMBS) carry a scheduled maturity in 2028, $33.9B of current balance ($36.6B at origination). Largest state exposures: unknown $6.8B, CA $4.9B, NY $4.4B, FL $2.3B. Largest lenders or servicers: CITI REAL ESTATE FUNDING $3.5B, JPMORGAN CHASE BANK NATIONAL ASSOCIATION $1.7B, GOLDMAN SACHS MORTGAGE $1.4B.
A maturity is a dated event with a counterparty. Concentrations by year, state and lender are where refinancing pressure will be felt first; the tape is programme and securitised lending only, so this is a floor on the market's wall, not the wall.
| loans | state | current usd |
|---|---|---|
| 277 | unknown | $6.8B |
| 250 | CA | $4.9B |
| 238 | NY | $4.4B |
| 120 | FL | $2.3B |
| 112 |
| $1.5B |
| 57 | Nj | $1.2B |
| name | loans | current usd |
|---|---|---|
| CITI REAL ESTATE FUNDING | 195 | $3.5B |
| JPMORGAN CHASE BANK NATIONAL ASSOCIATION | 71 | $1.7B |
| GOLDMAN SACHS MORTGAGE | 69 | $1.4B |
| Ubs | 87 | $1.3B |
| WELLS FARGO BANK NATIONAL ASSOCIATION | 78 | $1.2B |
2,570 loans on DFX's tape (47 FHA-insured multifamily, 2,523 CMBS) carry a scheduled maturity in 2029, $49.1B of current balance ($51.1B at origination). Largest state exposures: unknown $12.0B, NY $8.5B, CA $5.7B, TX $3.0B. Largest lenders or servicers: CITI REAL ESTATE FUNDING $6.8B, GOLDMAN SACHS BANK USA $4.0B, JPMORGAN CHASE BANK NATIONAL ASSOCIATION $2.2B.