Multifamily CRE Meltdown Keeps Getting Uglier

Multifamily CRE Meltdown Keeps Getting Uglier Authored by Wolf Richter via Wolf Street,There are about $2.3 trillion in multifamily commercial real estate (CRE) loans out there, backed by buildings with rental apartments. The US government, via Fannie Mae and Freddie Mac, holds about $1.2 trillion of that. Fannie an…

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