In this week's episode of The TreppWire Podcast, we dive into the key takeaways from the recent FOMC meeting, discussing the Fed's decision to hold interest rates steady and Powell's revival of the term “transitory,” along with the prevalent wait-and-see narrative. We explore the potential commercial real estate (CRE) impacts of a continued economic slowdown, especially on the retail and lodging sectors, despite February's uptick in retail sales. On the housing front, we examine challenges in the residential market, Florida's consideration of property tax removal, and the hurdles unsellable condos are facing. Moving to commercial property stories, we cover two retail properties with significant value reductions and two noteworthy office trading alerts. Lastly, we celebrate five years of The TreppWire Podcast by reflecting on data from March 2020 and comparing it to the present day. Tune in now.
This episode is sponsored by BetterPitch.
Episode Notes
- Economic Update: FOMC Meeting & CRE Implications (0:27)
- CMBS & CRE CLO Issuance Numbers (11:51)
- Housing: Florida Possibly Removing Property Taxes (15:46)
- Retail Trading Alerts: Values Slashed (23:07)
- Wayfair Opening 150K SF Store in Atlanta (31:42)
- Office Market Trading Alerts: NY & DC (33:14)
- Five Years of The TreppWire Podcast (41:16)
- Programming Notes (51:06)
- Shoutouts (52:28)
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