Multifamily Commercial Real Estate Distress by State

OffMarketX is tracking 566 commercial real estate distress situations in Multifamily across the United States, spanning 27 statees that clear the small-cell floor.

California leads with 76 tracked situations, concentrated in maturity default.

Multifamily: tracked distress by state and type

StateMaturity defaultLegal distressFinancial distressStrategicTotal
California67<55<576
Georgia64<59<575
Texas481011<570
North Carolina42<5<5<546
Florida2085<533
South Carolina32<5<5<533
Tennessee28<5<5<529
Ohio1511<5<526
Oklahoma19<5<5<519
New York<5<55<511
Michigan9<5<5<510
Idaho9<5<5<59
Kentucky9<5<5<59
Nevada<5<5<5<59
Alabama6<5<5<58
Mississippi5<5<5<58
Missouri<5<5<5<58
West Virginia6<5<5<57
Arizona6<5<5<56
Virginia6<5<5<56
Kansas<5<5<5<56
New Jersey<5<5<5<56
Louisiana5<5<5<55
Colorado<5<5<5<55
Illinois<5<5<5<55
Maryland<5<5<5<55
Pennsylvania<5<5<5<55
All tracked566

Every figure is an aggregate count of point-in-time, public-record-derived distress catalyst signals, published only where at least 5 distinct assets clear the small-cell floor.

Speak with the desk confidentially

Own commercial real estate under pressure, or exploring a quiet exit? Tell us where things stand. Reviewed within 24 hours and matched to a vetted network of institutional buyers, principal-direct under NDA. No public listing.

Confidential and under NDA. Your information is never shared publicly. Deploying capital instead? Register a buyer mandate.