Episode 422 is out! The Fed hiked for the first time in three years, but rates can't fix oil-driven inflation, and CRE feels it first. We also dig into FedEx-anchored industrial loans that look healthy but face lease rollover risk, and explain why office capital is back but selective.
Tune in now: https://t.co/XfNcyonzQn
My 2026 business travel officially started with today’s early Sunday morning flight headed to CREFC in Miami.
D.C., NYC, Houston, & San Diego are on deck over the next few weeks.
If you’re at CREFC, let’s connect. We have some 🔥new TreppWire podcast hats to give out.
New episode 🚨
We talk the Fed’s 25-bps cut, ongoing banking consolidations, and key CRE market trends showing renewed activity. We also discuss Trepp’s $4.8T CRE Debt Universe report, the CMBS delinquency rate increase to 7.4%, and highlights from the multifamily market.
Tune in now: https://t.co/AsL8NhM4sI
This episode is sponsored CRE Finance Council.
🗞️#Trepp Via @bisnow: "Texas Hill Country being relatively rural means the flood’s impact on commercial properties may be limited, but CMBS debt has the greatest exposure to multifamily and industrial properties in the region. Trepp found 11,581 properties backing 1,127 securitized loans that could be impacted"
https://t.co/tlwPE8YqFZ
Office CMBS Delinquency Rate Spikes to Record 11.1% in June, Worse than Financial Crisis Meltdown Peak, after 3-Month Relapse.
Los Angeles tower, FEMA headquarters, 100-yr-old tower in Manhattan join; some delinquent loans “cured” by extend & pretend...
https://t.co/2V81LwPWht
“CRE is directly related to macro. In CRE, it is more obvious, we know the office issues and that lodging + retail will have issues in a recession… but the macro is what we need to focus on.” - @danjmcnamara@DiMartinoBooth@TreppWire@Lonnie_CRE
https://t.co/lQPizVxL1b
Are you at the @CREFC conference in NYC today?
Stop by booth #2 to talk all things CRE with the Trepp team. Don't forget to grab yourself a copy of The Mid-Year 2025 magazine too, a half year review of the CRE and CMBS markets.
We look forward to seeing you there!
Are you a New York real estate salesperson?
Mark your calendars for Trepp Connect (in NYC), a CRE event on May 14th in Rockefeller Center.
We are now offering 5 hours of New York real estate continuing education credits.
Act fast, secure your ticket: https://t.co/7xj6oLe6q2
A $22.7 million CMBS loan transferred to special servicing in mid-February. The subject collateral includes a 93,000-sf mixed-use property in Boca Raton, FL and two New York City industrial properties.
Clients have the story with #TreppWire: https://t.co/KK0oZBUyzD