BUILT Marketing Strategies

More than $1 trillion in CRE debt maturities loom. These metros have the most exposure.

Commercial real estate (CRE) faces a looming $1.5 trillion debt due by 2025 amid a challenging economic landscape with high interest rates and decreased leasing activity post-Covid. Key markets, including New York, Los Angeles, Miami, San Francisco, and Las Vegas, carry the most maturing Commercial MortgageBacked Securities (CMBS) debt, triggering concerns about refinancing and property sales. Distressed loans, delinquencies, and landlords walking away from underperforming properties compound the issue.