The UWmatic Blog

Practical insights on multifamily underwriting, deal analysis, and making better investment decisions.

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The $936B CRE Debt Maturity Wall Just Collided With a War

Roughly $936B in CRE loans mature in 2026 per MBA estimates, into a market where the 10-year is near 4.3% and rate cuts are off the table. Here's what that means for multifamily and MHP refinancing.

5 min read
multifamilymhpunderwritingdebt-maturityinterest-ratesdistressrefinancing
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What the Iran Ceasefire Means for Cap Rate Assumptions

The April 8 ceasefire sent oil down 16% and the 10-year to 4.2% — then both reversed. Here are two scenarios every CRE investor can model to price the uncertainty into their underwriting.

5 min read
multifamilymhpcap-ratesgeopoliticalunderwritinginterest-ratesiran-ceasefire
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Private Equity's Liquidity Crisis Is Spilling Into Real Estate — What CRE Investors Need to Know

Major private credit and real estate funds — Blackstone, BlackRock, Apollo, Ares, Blue Owl, Morgan Stanley, Cliffwater — have gated redemptions in recent weeks. Here's how the semi-liquid fund squeeze is flowing into commercial real estate, and what LPs, GPs, and independent operators should do.

5 min read
private-creditcommercial-real-estateliquiditysyndicationmultifamilymhpunderwriting
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