202. Did Fed Pause Stall the Market? New Issue Pricing & Property Sector Rapid-Fire Rundown

The TreppWire Podcast: A Commercial Real Estate Show

English - June 22, 2023 00:00 - 46 minutes - 59.8 MB
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Previous Episode: 201. Optimism Hard to Find at CRE Event; Industrial Hitting a Wall?; Retail Owner Throws in Towel

Next Episode: 203. Comps Comps Comps, Sales Comps Dominate News; Delinquencies Rise

In this episode, we discuss what we saw in the markets, starting with stocks hitting a wall after Fed Chair Powell indicated that more interest rate hikes were necessary. In CMBS, we dive into new issue pricing that provides market clarity. We also have a lot of CRE news to cover; a large apartment loan going to special servicing, office valuation reductions, some signs of life for the NYC office market, and several stories in industrial and life sciences.

Episode Notes:
• Economic updates (0:23)
• New issue pricing (7:39)
• Multifamily news (13:15)
• Office valuations (18:29)
• Office stories (20:29)
• Signs of life for NYC office (23:20)
• Retail green shoots (27:18)
• Negative retail news (29:02)
• Industrial headline (32:11)
• Life science stories (32:57)
• Shoutouts (38:29)