Multifamily Rate Resets Are Hitting Hard — Here's How to Survive Them

Maturing multifamily loans are causing monthly payments to double for some California property owners. Creative refinancing strategies can make the difference between keeping and losing your investment.

If you own a multifamily property in California with a loan that was locked in at a low rate several years ago, you may be approaching a painful reality: when that loan matures and resets to today's rates, your monthly payment could jump dramatically — in some cases, nearly double.

This isn't a hypothetical. It's happening right now to owners across the state who locked in aggressive financing in 2020 and 2021. With rates significantly higher today, the math on a refinance can feel brutal.

But walking away or defaulting isn't your only option. Experienced mortgage brokers are helping multifamily owners navigate this through creative refinancing — things like interest-only structures, bridge-to-permanent loan strategies, or repositioning the asset to qualify for better terms.

The key is acting early. The closer you get to your maturity date without a plan, the fewer options you'll have. Lenders can smell desperation, and it costs you leverage.

If your multifamily loan is maturing in the next 12–24 months, now is the time to start exploring your options. Reach out to our team today — we specialize in finding solutions when the standard playbook doesn't apply.