Multifamily Real Estate

S2 Capital Restructures $1.2B Loans Across 26 Multifamily Assets

Dallas – October 13, 2026 -- S2 Capital has completed loan modifications and refinancings on 26 multifamily assets carrying about $1.2 billion in loan balance, covering 8,223 units across seven markets.

S2 Capital ends foreclosure proceedings on 12 of 26 communities

Twelve of the 26 communities were subject to foreclosure proceedings. Those proceedings have been terminated in connection with the modifications.

The transactions extend maturity dates, revise pricing, and resolve existing defaults and near-term maturities. The Dallas-based investment manager said the changes let it concentrate on operating performance across the portfolio. The transactions were funded in connection with the initial closing of S2's continuation vehicle.