20. The Impacts of COVID-19 at the Mid-Year: Fleeting Eclipse or A New Dark Age?

We are officially past the half year mark, which means the release of our bi-annual report in collaboration with CRE Direct. In this week’s episode of The TreppWire Podcast, we discuss our Mid-Year report and the magnitude of the pandemic’s effects across the hardest hit sectors. We also analyze the recent push for CMBS relief, CRE loan default and loss projections, the European CLO and CMBS markets, and Manus Clancy’s revised bucket list. Episode Notes: Is this week’s glass half empty or half full for the economic recovery? (1:02) Retail headlines and the borrower “ring of honor” (7:30) The push for CMBS relief (14:30) Potential legal and regulatory impacts of COVID-19 (23:47) The Mid-Year report (25:56) Analyzing CRE Loan Defaults & Loss Rates: Serious Challenges Ahead (30:46) An update on the European CLO and CMBS markets (35:51) Manus Clancy’s revised bucket list (38:48)