NYC Maturity Wall: $8.7B in 12 Months

Podcast: Commercial Real Estate Investment Conference Podcast (CREIC) · Commercial Real Estate Investment Conference

Opublikowano: 2026-10-08

According to Circlemark data, New York City faces $8.7B in commercial mortgage maturities over the next 12 months across 139 loans of $5M or more. Key figures: GM Building: $2.3 billion, representing 26% of the maturity wall.Banks: Hold $5.75 billion (66%), led by Morgan Stanley at $2.95 billion across three loans.Rates: Median stated rate is 3.88%, compared to a 10-year Treasury above 5%.Concentration: Office properties represent 58% of maturities, and Manhattan accounts for 90%. Vintages: 67 of the loans ($6.34 billion total) originated in 2017.Other Lenders: CMBS conduits hold 17% ($1.48B), life companies hold 7% ($609M), and debt funds hold 5% ($447M).Flagstar Bank: Holds 25 maturing loans; its total C...