CMBS loans in Louisiana
By Brad Beattie, Director, Capital Markets, Janover Capital LLC · Published
138 CMBS loans with $2.8 billion outstanding are secured by property in Louisiana, 1.0% of all CMBS debt still in trusts (SEC Form ABS-EE filings, as of October 28, 2026). Loans made there in the 12 months to October 19, 2026 had a median rate of 6.21% (10 loans), against 6.40% nationally.
- Live CMBS loans
- 138
- $2.8B outstanding
- Loans made, last 12 months
- 10
- $242M
- Median rate, last 12 months
- 6.21%
- 10 loans
- Maturing 2027 to 2028
- $843M
- 34 loans
Property mix
Retail is the largest share of Louisiana's CMBS debt, $1.1B across 42 loans.
- Retail42 loans $1.1B
- Hotel15 loans $516M
- Multifamily25 loans $446M
- Self-storage24 loans $272M
- Office9 loans $209M
- Industrial7 loans $129M
- Mixed use5 loans $76.3M
- Mobile home park8 loans $58.6M
- Co-op housing1 loans $10.7M
Lenders active in Louisiana
The originators with the most Louisiana loans in CMBS trusts from the last 12 months.
- Citi 4
- Morgan Stanley 2
- MF1 Capital 2
- Barclays 1
- Wells Fargo 1
Full rankings: CMBS lenders.
Louisiana CMBS maturities by year
20 loans ($628 million) mature in 2027 and 14 ($216 million) in 2028. 6 loans (4.3% of the state's loans) are with a special servicer, against 4.3% nationally, and 3.6% are 60 or more days delinquent.
| Year | Balance | Loans |
|---|---|---|
| 2026 | $36.0M | 3 |
| 2027 | $628M | 20 |
| 2028 | $216M | 14 |
| 2029 | $740M | 34 |
| 2030 | $460M | 27 |
| 2031 | $388M | 20 |
| 2032 | $206M | 14 |
2026 includes 2 loans already past maturity and still outstanding. What to do before a maturity: CMBS maturity wall; size a refinance with the refinance calculator.
Where the loans are
Cities with the most live CMBS loans in Louisiana: Baton Rouge (22), New Orleans (18), Metairie (10), Lafayette (8), Shreveport (7), Alexandria (6), Bossier City (5), Lake Charles (5).
Every loan, property by property, is listed on cmbs.news by metro area: New Orleans-Metairie, LA, Baton Rouge, LA, Lafayette, LA, Shreveport-Bossier City, LA.
Rates depend on the property and the loan far more than on the state. See CMBS loan rates by property type and term, and every state compared.
Source: SEC Form ABS-EE asset-level filings (Schedule AL) for CMBS trusts, compiled by cmbs.news; data as of October 28, 2026. Pari passu pieces of one loan are counted once. Each loan is placed in the state of its largest property; portfolio loans count once. How each figure is built: methodology. Download the tables: CMBS data (CSV).
Questions people ask
How many CMBS loans are there in Louisiana?
138 loans with $2.8 billion outstanding were still reporting in CMBS trusts as of October 28, 2026, counted by the state of each loan's largest property. Retail is the largest share by balance.
What are CMBS rates in Louisiana?
The median original rate on Louisiana CMBS loans originated in the 12 months to October 19, 2026 was 6.21% across 10 loans; the middle half ran from 5.96% to 6.54%. Rates depend far more on property type and leverage than on state.
How many Louisiana CMBS loans mature in 2027 and 2028?
20 loans ($628 million) in 2027 and 14 ($216 million) in 2028.
Financing property in Louisiana?
Send the deal. Janover Capital LLC will ask CMBS, bank and life company lenders to price it.