ilmscore | Multifamily Real Estate Distress and Foreclosures Predictions
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Approximately 10% of apartment owners are facing financial trouble due to maturing bad debt. This will result in owners selling properties below their purchase price or seeking alternative financing (Mezzanine, Pref), rather than widespread mass foreclosures.
"I'd say probably about 10% of of apartment owners are really in trouble and it's because they've got..."
Feb 19, 2024
Correct