Elevated levels of maturities are expected to expire in 2024 for South Florida, totaling over $5.5 billion of potential exposure. The majority of these maturities are concentrated in hospitality properties, making up 43% of maturing volume. These are followed by retail at 31% and multifamily properties at 17%. Office and industrial properties make up less than 5% of maturing loans.
Wall of CMBS Maturities To Hit South Florida in 2024
Hospitality, Retail and Multifamily Properties Make Up Bulk of Maturing Loans
By Juan Arias
CoStar Analytics
October 24, 2023 | 3:10 P.M.
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