Debt funds and CMBS are getting all the headlines for at-risk loans, but together they represent less than 5% of the $2.1 trillion in multifamily debt. The majority of the riskiest bridge loans were concentrated within debt funds, which represent only $42 billion of the total pie.
Delinquency rates at banks (0.40%), Freddie Mac (0.29%) and Fannie Mae (0.54%) remain extremely low (so far).
Multifamily Market News 