My Work
Distressed Note Industry
Analyzing multifamily real estate loan performance across 9 Nevada banks
As of Q2 2025, 9 Nevada banks report multifamily real estate portfolios totaling $93.1M. Non-performing loans in this category total $250K — an average NPL ratio of 0.27% — with $0 30-89 days delinquent, $0 90+ days delinquent, and $250K in nonaccrual status. The most distressed lender in this category is BEAL BANK USA (NV) with an NPL ratio of 7.59%.
Total Lenders
9
Total Loan Portfolio
$93.1M
Total NPL
$250K
Average NPL %
0.27%
30-89 Days
$0
90+ Days
$0
Nonaccrual
$250K
Charge-offs
$0
Distribution of banks by non-performing loan ratio
| Bank Name | State | Portfolio | NPL | NPL % |
|---|---|---|---|---|
| BEAL BANK USA | NV | $3.3M | $250K | 7.59% |
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