284. Turbulence Before Touchdown, Bank Earnings, Retail Store Closures & Knockout Acquisition Deals
In this week's episode of The TreppWire Podcast, we discuss the anticipated bond market volatility surrounding the upcoming U.S. presidential election and analyze recent bank earnings that suggest a potential soft landing. We break down several office loans struggles, including major value reductions and special servicing transfers. We also share signs of shakiness in the retail market, highlighted by drugstore and discount store closure announcements. On a brighter note, we share some multifamily transactions penciling in across the country. Tune in now.
Episode Notes:
- Economic Update (0:24)
- Walgreens and 7-Eleven Store Closures (14:49)
- Office Loan Reductions (25:04)
- Rock Center Commercial Mortgage Bond Deal (28:29)
- San Antonio Office Loan Sent to Special Servicing (33:33)
- Retail Property Appraisal Value Reduction (35:48)
- St. Louis Hotel Facing an Upcoming Maturity Default (40:30)
- Floyd Mayweather Manhattan Housing Portfolio (43:05)
- Phoenix Apartment Complex Acquisition (45:29)
- Cleveland Industrial Property Acquisition (46:21)
- Programming Notes (47:35)
- Shoutouts (51:44)
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Information
- Show
- FrequencyUpdated Weekly
- PublishedOctober 18, 2024 at 3:29 AM UTC
- Length57 min
- RatingClean