Finance

Mixed Forecast for Refinancing Loans Maturing This Year 

By: Ellen Rand, contributing editor, Development. Spring 2012

According to research firm Trepp, some $360 billion in commercial real estate loans are maturing this year and more than 60 percent are underwater. Of that total, $53.4 billion in CMBS loans are coming due this year, $15.5 billion of which were vintage 2007 loans, 27 percent of which are in special servicing and 18.5 percent are 30 days or more delinquent.