199. Office Delinquencies Hit 5-Year High; Issuance Defies Debt Ceiling Drama; State of CRE Market
The TreppWire Podcast: A Commercial Real Estate Show
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The EMO's $660 Million CMBS Deal
The pack West sale starts off what may be a wave of selling over the next three months on a really positive, positive note. We've mentioned this before that the CMBS market does not do particularly well during periods of heightened volatility. And I think I had a fear that with the debt ceiling deadline looming we may see a drying up of lending and issuance. Nothing could be further from the truthWe saw several single asset and several conduit deals priced this month the market was open for business. Seeing multiple conduit issues come to market is a very positive sign. The EMO brought a deal that priced in the last week or so, a $660 million CMBS deal, small by historical standards but
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