Trepp

Trepp is the leading provider of data, insights, and technology to the structured finance, commercial real estate, & banking markets.

[Trepp @TreppWire]

New episode of The TreppWire Podcast 🎙️

Hike or Rate Spike? Our hosts debate whether the Fed will raise rates or if markets could see a rate spike instead.

Plus, we discuss AI's impact on inflation, 245 Park Ave's $2B refinancing, more signs of CRE loan distress, and a Chicago office foreclosure.

Plus... flying cars? Tune in now: https://t.co/587DKoLHYy

[Barrett Linburg @DallasAptGP]

I got to chat with Lonnie and Hayley at TreppWire about apartments and OZ

Check it out

[Trepp @TreppWire]

Opportunity Zones are now a permanent part of the tax code. What does that mean for multifamily investors?

In this special guest episode of The TreppWire Podcast, we sit down with Barrett Linburg of Savoy Companies to talk about Opportunity Zones 1.0 and 2.0, revitalizing a Dallas neighborhood through urban infill and heavy value-add, and how Savoy built its own AI-powered operating system.

@DallasAptGP

Tune in now: https://t.co/SkEXo2aPhr

[Trepp @TreppWire]

New episode!

In this week’s episode of The TreppWire Podcast, we break down bank earnings, hotter-than-expected inflation, shifting Treasury yields, and $2.9B in commercial real estate exposure across hurricane-impacted markets.

Tune in now 🔊 https://t.co/hnqkd01w9O

[Trepp @TreppWire]

Where Is Multifamily Delinquency Concentrated? Private-Label CMBS Holds Half of Delinquent Debt
https://t.co/S3kRwRYsom

[Trepp @TreppWire]

Banks and government-sponsored enterprises added the most dollar volume to the $5.1T income-producing CRE debt market in Q2 2026.

Securitized balances rose just 0.1% after a strong start, and near-term maturities remain concentrated in banks and securitized lenders.

Our new report maps who holds the debt and when it is estimated to come due.

Download the report: https://t.co/ygsEboEgM0

[Trepp @TreppWire]

Higher financing costs, tighter underwriting, and a growing wall of maturities. This week, we break down the CRE refinancing challenge, $78B of CMBS debt coming due through 2027, leverage trends, and the deals we're watching.

Tune in now🔊 https://t.co/I3MIuBqRyF

[Trepp @TreppWire]

The Trepp CMBS delinquency rate rose 17 bps in September to 8.02%, its highest level since November 2020.

The largest was a $1.10 billion eight-property studio-and-office portfolio in Los Angeles.

Access the full report: https://t.co/USBXeOgD2E

[Trepp @TreppWire]

From the GFC to today’s higher-rate environment, CRE lenders have had to adapt to every market cycle.

In this special guest episode of The TreppWire Podcast, we sit down with Stefanie Stewart of Voya Investment Management to discuss lending through market cycles, stressed sponsors vs. stressed assets, opportunities in industrial real estate, and how AI is helping lenders move faster in today’s market

Tune in now: https://t.co/grrY9DwXVF

[Trepp @TreppWire]

Four Las Vegas Casino Loans Are Masking Securitized Lodging’s Cash-Flow Compression
https://t.co/WdJhci8uRx

[Trepp @TreppWire]

New episode! As the Fed weighs its next move, we discuss what rising Treasury yields could mean for CRE, and Bain's estimated $4.2T AI revenue gap and the data center boom.

We also break down $4.7B of October CMBS hard maturities and the growing gap between performing loans and refinancing reality.

Tune in now 🔊: https://t.co/8Ix8tmvrV2

[Trepp @TreppWire]

Episode 424 is out! The 10-year pushes past 5%, diesel prices bite, and Fed speakers keep the door open. We get into the pushback on the AI buildout, what a hotel brand really tells you about loan performance, plus office, industrial & retail stories.

Tune in now: https://t.co/zKueSP8pQB

[Trepp @TreppWire]

Trading Alert: Jersey City Hotel Loan Returns to Special Servicing

A $100M CMBS loan transferred to special servicing ahead of its October maturity, with an imminent balloon and maturity default.

The borrower indicated it will be unable to pay off the loan at maturity.

The collateral is a 351 key full service hotel in Jersey City, NJ.

Clients have the story with Trepp: https://t.co/MLwi6NZPqO

[Trepp @TreppWire]

Amazon and FedEx together anchor $6.57 billion of industrial CMBS loan balance, more than the next 10 largest named anchor tenants combined.

But their lease rollover profiles look very different. For FedEx, 28.6% of anchored loan balance has a lease expiring before the associated loan matures, compared with just 9.2% for Amazon.

Read the full analysis: https://t.co/ADQVBfuDvw

[Trepp @TreppWire]

Trading Alert: Memphis Regional Mall Loan Returns to Special Servicing

A $155.2M CMBS loan transferred back to special servicing ahead of its November maturity after previously being returned to the master servicer in 2021.

The collateral is a 391,862 square foot portion of a regional mall in Memphis, TN, with 69% occupancy as of the first quarter of 2026.

Clients have the story with Trepp: https://t.co/8Ol9a4ExU7

[Trepp @TreppWire]

Three recent office CMBS stories show just how differently assets are navigating the current financing market.

A $219 million financing is supporting a partial office-to-residential conversion at 100 Wall Street. A $1.1 billion Los Angeles office and studio portfolio received another extension, while a $396 million Manhattan office loan transferred to special servicing ahead of maturity.

From conversion to extension to special servicing, this episode of The TreppWire Podcast examines how financing outcomes are increasingly dependent on the individual asset, capital structure, and business plan.

Tune in now: https://t.co/CNYiOHO9fU

[Trepp @TreppWire]

Trepp featured in @WSJ: "About 3% of multifamily loans coming due this year that cannot be extended are in some kind of distress, the highest level over the past five years, according to Trepp."
https://t.co/4uBgATPr7l

[Trepp @TreppWire]

Trading Alert: Times Square Mixed Use Loan Transfers to Special Servicing

A $200M CMBS loan transferred to special servicing for imminent balloon and maturity default ahead of its November maturity.

The collateral is a 214,341 square foot mixed use property in Times Square, Manhattan, with 100% occupancy as of June 2026.

Clients have the story with Trepp: https://t.co/ZbqA3AQSiH

[Trepp @TreppWire]

New episde: Joey Chilelli of Vanbarton Group joins us to make the case that office-to-residential conversions are here to stay.

He explains why the gap between the best office space and everything else is structural rather than cyclical, why the price you pay decides a deal far more than the building itself, and why lenders who once avoided these projects are now competing for them.

Tune in: https://t.co/ttm6BNsI6j

[Trepp @TreppWire]

Trading Alert: SoHo Manhattan Office Loan Transfers to Special Servicing

A $785M CMBS loan transferred to special servicing ahead of an imminent balloon and maturity default after the borrower requested discussions about a potential extension or modification.

The collateral is a 786,891-sf office property in SoHo, Manhattan.

Clients have the story with Trepp: https://t.co/Mq3Zku7kvC