Landlords Face a $1.5 Trillion Commercial Real Estate Maturity Wall

                                          Photograph:  Yuki Iwamura/ Bloomberg

Apartment buildings, which make up about 40% of the looming maturities, are at the center of the refinancing wave.

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Landlords for offices, apartment complexes and other commercial real estate have $1.5 trillion of debt due by the end of next year, according to Jones Lang LaSalle Inc. That leaves a gap of as much as $400 billion between the amount owed and the capital available for refinancing.

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