188. Volatility Up, Liquidity Down for Banks & CRE; Office Turmoil; Restructuring Program Needs?
The TreppWire Podcast: A Commercial Real Estate Show
00:00
The Office Market - What's Next?
In New York, first-time watch list comments for a $265 million office loan indicated the top tenant, which is a for-profit college, ASA college, has vacated. The Carolinas had caught fire coming out of COVID, and they were kind of seen as the next hot market. I think over the last month or so, we've had several negative stories about people downsizing and other things there. In CRE, if you look at all the subly space, a lot of corporate headquarters up there,. really, really tough time for that market now.
Transcript
Play full episode
