Trepp: 41% of San Diego Multifamily Debt Matures Within Two Years, but Refi Outlook Holds

San Diego faces one of the heaviest multifamily loan maturity schedules in the West, with more than 41 percent of its securitized apartment debt due within two years, but Trepp analysts say strong in-place cash flow should carry most of those loans through refinancing even as Treasury yields climb to their highest levels in nearly two decades.