Home Dallas / Ft. Worth Trepp Flags $3B in Texas Floating-Rate Apartment Loans Short on Cash Flow
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Trepp Flags $3B in Texas Floating-Rate Apartment Loans Short on Cash Flow

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A new Trepp analysis shows that one in four dollars of performing floating-rate Agency multifamily debt in Texas sits on properties whose net cash flow no longer covers their loan payments, with 2021 and 2022 originations driving most of the state's floater delinquencies and two large Grand Prairie and Houston loans already in special servicing.

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