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Proprietary capital markets analysis from the Light Tower Group desk. Free to download. No gate.


NYC CRE Debt Markets

The NYC Multifamily Debt Maturity Wall: $47B Coming Due 2026–2028

Light Tower Group Research  ·  March 2026  ·  14 pages

An analysis of the $47 billion in NYC multifamily loans maturing between 2026 and 2028 — who holds them, which asset types face the greatest refinancing pressure, and where capital is and isn't available to fill the gap. Includes borough-by-borough breakdowns, lender category analysis, and LTG's view on execution paths for sponsors facing maturity pressure.

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$47B NYC multifamily loans maturing 2026–2028
274 Identified buildings in the LTG maturity database
38% Of maturities concentrated in Brooklyn
Q2 2026 Peak refinancing pressure window

Deal Intelligence

GO Residential Drops $440M on NYC Multifamily in Nine Months Flat

GO Residential REIT acquires 7 Dey St and 409 Eastern Parkway, pushing its NYC buying spree past $1.1B.

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Capital Markets

NYC CRE Debt Markets Q1 2026: Lenders Selectively Open, Spreads Compressing

Senior debt pricing has tightened 30–50 bps from peak cycle highs as select lender categories resume aggressive deployment.

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