Maturing loans in the DC Metro region
From now until 2030, it is observed that apartments have the largest amount of loan maturities in comparison to other property types. Within apartments alone, Northern Virginia will see $25.77 billion mature within the same timeframe. While there is a sizable number of office loans maturing, 45% of those types of loans will mature by the end of 2024. Retail also has a sizable amount of loans maturing, particularly in 2024 and 2028. A majority of the loans in this segment will be used to help build or revitalize larger-scale shopping centers.