229. Alarm Bells from Retail Earnings; Reasons for Thanks in CRE
The TreppWire Podcast: A Commercial Real Estate Show
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Impact of Deutsche Bank's Property Sale and Shift in Market Dynamics
The speakers discuss Deutsche Bank's plan to sell a property in Lower Manhattan, resulting in a significant loss for the bank. They also highlight the decrease in occupancy and speculate on the potential implications for the market. Additionally, they discuss the significant shift in market dynamics and the possibility of office owners foreclosing properties before the maturity of loans.
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