The TreppWire Podcast: A Commercial Real Estate Show cover image

201. Optimism Hard to Find at CRE Event; Industrial Hitting a Wall?; Retail Owner Throws in Towel

The TreppWire Podcast: A Commercial Real Estate Show

00:00

The Top 25 MSAs for Multifamily

San Francisco takes the number one heading again. About 13% of all multifamily loans in San Francisco have DSCR less than one. The Dallas Fort Worth market, which has been really resilient, is about 8.5%. And Chicago, Naperville is at 7.4%. Three of the top five are actually fairly large Texas markets in terms of having properties with Debt Service Coverage Ratio (DSCR) less than 1. Lastly, I want to look at the ones that have the lowest occupancy percentage across the top 25 MSAs. So San Francisco looking at the weighted average trailing 12 month occupancy is 88.77%, which is the lowest of the top 25MSAs.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app