Multifamily Commercial Real Estate Distress by State

OffMarketX is tracking 532 commercial real estate distress situations in Multifamily across the United States, spanning 26 statees that clear the small-cell floor.

California leads with 68 tracked situations, concentrated in maturity default.

Multifamily: tracked distress by state and type

StateMaturity defaultLegal distressFinancial distressStrategicTotal
California65<5<5<568
Georgia64<5<5<567
Texas42910<562
North Carolina42<5<5<546
South Carolina32<5<5<533
Florida197<5<530
Tennessee28<5<5<529
Ohio1411<5<525
Oklahoma19<5<5<519
Michigan9<5<5<510
Idaho9<5<5<59
Kentucky9<5<5<59
Nevada<5<5<5<59
New York<5<5<5<59
Alabama6<5<5<58
Mississippi5<5<5<58
Missouri<5<5<5<58
West Virginia6<5<5<57
Virginia6<5<5<56
Kansas<5<5<5<56
Arizona5<5<5<55
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 tracked532

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.