287. Hope is Not a Strategy: CRE Extend & Pretend, Home Mortgage Rates, & Hot Hitting Stories
NOV 1, 202447 MIN
287. Hope is Not a Strategy: CRE Extend & Pretend, Home Mortgage Rates, & Hot Hitting Stories
NOV 1, 202447 MIN
Description
<p>In this week's episode of <a href="/the-treppwire-podcast" target="_blank" rel="ugc noopener noreferrer">The TreppWire Podcast</a>, we cover the recent mixed bag of GDP, consumer spending, and homes sales data. We also discuss the hot topics of the week, including the Fed staff report on “extend-and-pretend” and the LA Market with Dodgers winning the World Series. We wrap up the episode with more office loans being transferred to special servicing, but end on some positive credit stories. <a href="/the-treppwire-podcast" target="_blank" rel="ugc noopener noreferrer">Tune in now</a>.
</p>
<p>Episode Notes:</p>
<p>- Economic Update (0:51)</p>
<p>- Average Home Mortgage Rate (5:08)</p>
<p>- Look into the LA Market (9:09)</p>
<p>- "Extend-and-Pretend" Fed staff Report (11:50)</p>
<p>- Brookfield Bank of America Plaza Loan (19:20)</p>
<p>- Value of Office Property Slashed by 70% (22:17)</p>
<p>- NY-based REIT Acquiring Retail Space (28:37)</p>
<p>- Lodging Credit Stories (35:23)</p>
<p>- Recent Industrial Sales (39:10)</p>
<p>- Programming Notes (42:00)</p>
<p>- Shoutouts (43:39)</p>
<p><strong> </strong></p>
<p>Please take our listener feedback survey: <a href="https://gate.sc/?url=http%3A%2F%2Fwww.surveymonkey.com%2Fr%2FBMPXLHG&token=42add9-1-1730408937162" target="_blank" rel="ugc noopener noreferrer">www.surveymonkey.com/r/BMPXLHG</a></p>
<p><br /></p>
<p>Questions or comments? Contact us at <a href="mailto:[email protected]" target="_blank" rel="ugc noopener noreferrer">[email protected]</a>.</p>
<p><br /></p>
<p>Follow Trepp:<br />
Twitter: <a href="https://gate.sc/?url=http%3A%2F%2Fwww.twitter.com%2FTreppWire&token=bcbf4d-1-1730408937162" target="_blank" rel="ugc noopener noreferrer">www.twitter.com/TreppWire</a><br />
LinkedIn: <a href="https://gate.sc/?url=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftrepp&token=9612fc-1-1730408937162" target="_blank" rel="ugc noopener noreferrer">www.linkedin.com/company/trepp</a></p>