Selected notes from recent coverage.
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Q1 2027 multifamily maturity profile: Sun Belt concentration
Approximately $8B of 2022-vintage CRE CLO bridge debt is scheduled to mature in Q1 2027. Concentration analysis by MSA, originator, and sponsor type, with attention to the Atlanta, Dallas–Fort Worth, Phoenix, and Tampa metros.
2022-vintage bridge portfolios: distress signal review
Watchlist transitions, modification activity, and special-servicer transfers across MF1, BDS, AREIT, HGI, and PFP vintages. Pattern of forbearance grants and implications for take-out execution windows.
Freddie K-series rollover schedule, 2026–2028
Maturity-by-vintage mapping for the K-series program, with originator and servicer breakdown. Pricing implications for sponsors entering the next refinance window.
Agency take-out execution: 2024–2025 case studies
Pattern analysis of CRE CLO bridge debt refinanced into agency permanent debt across the past 18 months. Structuring features that recur in successful executions, including the role of preferred equity in the senior take-out stack.
Sun Belt multifamily sponsors with 2027 maturities
A coverage list of borrower entities with multifamily debt approaching maturity in 2027. SPV-to-sponsor mapping where the public record requires reconstruction.
The 2026–2028 multifamily refinance window: framework
An introduction to how Multifamily Research Group tracks and categorizes maturity activity across debt segments. Methodology, source data, and category definitions.
Fannie Mae DUS originations: 2024 retrospective
Volume, pricing, and structural trends in DUS execution through 2024, with a forward look at 2025–2026 implications for borrowers exiting bridge debt.
Bridge-to-Apollo transitions: portfolio-level analysis
The transfer of CRE CLO platforms from Bridge Investment Group to Apollo, and the resulting shift in workout posture observed across MF1 vintages.