This week, markets are in turmoil, the dollar is surging, and a currency crisis triggered a surprise move by the Bank of England. With all of that, we also can’t ignore the impact of Hurricane Ian. In this episode, we dive into the headlines, with a theme that when trust starts to evaporate, so does liquidity. We also review data surrounding true signs of CRE distress, map the exposure of $52 billion of CRE loans to the hurricane, and talk news for office, retail, and multifamily properties. Tune in now.
Episode Notes:
• Economic news (0:23)
• Trust issue (10:36)
• Hurricane Ian: CRE exposure (15:08)
• CRE distress: the data (20:16)
• Office positive news (26:26)
• Bad CRE news (31:54)
• Retail positives (38:15)
• Shoutouts (41:37)
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