2. Forecasting Retail and Lodging Performance, The "Big Short" against CMBX 6, Hidden Risks in CRE

In this week's episode, Manus Clancy, Senior Managing Director at Trepp, and Joe McBride, Head of CRE Finance at Trepp, discuss the challenges of forecasting retail and lodging performance, the "Big Short" against CMBX 6, hidden risks in CRE, and everything else newsworthy from the last week.

Episode Notes:

How is the stimulus bill going to move the market? (0:38)
How is all of this affecting the CMBS market? (4:51)
Forecasting the impact to retail and lodging (7:14)
Carl Icahn's "Big Short" against CMBX 6 retail loans (12:09)
How long until the remittance reports reflect the downturn? (17:44)
The Fed revived the 2008 TALF program – what were the learnings from the first iteration of TALF? (20:58)
Where is the hidden risk in CRE right now? (25:03)
What we should be watching in the CLO markets (28:43)
When will we return to the office? (30:40)