This week, before 45,000 dockworkers at 36 American ports went on strike, Fed Chair Powell stated that the U.S. economy is in solid shape and the Fed intends to keep it that way... In this week's episode of The TreppWire Podcast, we break down the news of the week, including the port strike, Fed speak, and macro figures like jobs and PMI, and explain the impact on CRE. We also share our latest data for CMBS and bank CRE loan delinquencies, and examine the immediate impact of Hurricane Helene on CRE. Tune in now.
Episode notes:
Economic update (0:25)
Debt market insights (6:45)
September CMBS delinquency data (11:21)
Bank CRE loan performance (T-ALLR) Q2 2024 (15:45)
Hurricane Helene impact (27:09)
Office sector (32:05)
Multifamily transactions (41:58)
Industrial sale (44:45)
Hotel value reduction (45:25)
Shoutouts (45:11)
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