🗞️ Sunday digest: private markets insights 12/14
That data on DSCR is incredible. I wonder when the notes are due? If they are 5 plus years out at 5% NOI growth a year they might be ok, otherwise it looks like prices might drop.
50%+ is a shocking number. The maturity wall keeps moving (due to loan extensions) - a lot of that debt was due in '25 and '26 yet here we are..
That data on DSCR is incredible. I wonder when the notes are due? If they are 5 plus years out at 5% NOI growth a year they might be ok, otherwise it looks like prices might drop.
50%+ is a shocking number. The maturity wall keeps moving (due to loan extensions) - a lot of that debt was due in '25 and '26 yet here we are..