12min chapter

The TreppWire Podcast: A Commercial Real Estate Show cover image

291. Bobbing & Weaving: Blackstone Bets, Broker Fees Banned, Mayweather's Office Play, SASB Credit Stories

The TreppWire Podcast: A Commercial Real Estate Show

CHAPTER

Challenges in Multifamily and Retail Real Estate

This chapter explores a dramatic decrease in the appraised value of loans tied to significant properties like the Santa Monica Place shopping mall and the Hughes Center in Las Vegas. It delves into the implications of these devaluations amid the multifamily real estate sector's complexities, including a major loan default and multiple property transactions in New York City. The discussion emphasizes the broader market challenges and contrasts high-value acquisitions with struggling legacy properties.

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