203. Comps Comps Comps, Sales Comps Dominate News; Delinquencies Rise

There was plenty of positive economic data to digest this week, all while Fed Chair Powell was “taking the punch bowl away,” commenting that more rate hikes may be necessary. In this week’s episode, we break it down. And in CRE, there were several large (and unpleasant) comps for investors to digest. We also analyze Trepp’s latest delinquency report; examine defeasance, yield maintenance, and discounted prepayments; and talk about a large industrial story. Tune in now.

Episode Notes:
• Economic updates (0:23)
• Defeasance, yield maintenance, discounted prepayments (10:02)
• Bed Bath & Beyond auction(15:12)
• Trepp CMBS delinquency report (18:10)
• Office green shoots (22:50)
• Office crabgrass (28:26)
• Sales comps across the U.S. (33:46)
• Multifamily net operating income (41:42)
• Prologis + Blackstone(44:18)
• Shoutouts (47:51)

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