213. CRE Rundown: Transactions, Office Value Reductions, Puerto Rican Loan Pay Off, Delinquency Data

The TreppWire Podcast: A Commercial Real Estate Show

English - August 31, 2023 00:00 - 47 minutes - 62 MB
Business Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: 212. Get the 'Knak' with CRE Legend Bob Knakal: Data-Driven Update, Retail Green Shoots, Policy

Next Episode: 214. September Swoon: Healthy Market Pause or More? FDIC Loan Sale; Pigs Fly: CA Office Green Shoots

In this week’s episode, we break down signs of positivity and weakness in the economic markets. We cover our latest CMBS delinquency data and examine CRE exposure to a potential Rite Aid bankruptcy. We have news to share for all the major CRE property sectors including an office valuation reduction, a development for a mall in Puerto Rico, industrial and apartment comps, and news for hotels. Tune in now.

Episode Notes:

• Economic update (0:23)
• Rite Aid bankruptcy (8:51)
• CMBS delinquency report (11:54)
• Multifamily portfolio sale (13:57)
• Apartment comps (16:01)
• Office news (18:35)
• Office value reduction (27:54)
• Industrial comp (30:28)
• Puerto Rican mall loan development (33:40)
• Mall loan sale (37:02)
• Hotel & casino story (39:09)
• Quick hits: office and student housing (45:
• Shoutouts (47:54)

Questions or comments? Contact us at [email protected].

Follow Trepp:

Twitter: www.twitter.com/TreppWire
LinkedIn: www.linkedin.com/company/trepp
Facebook: www.facebook.com/TreppLLC

Twitter Mentions

@treppwire