In this week's episode, we review mixed economic data, with a focus on the latest news for the technology sector and how it will impact CRE. We discuss reasons for optimism and pessimism, discuss CMBS spreads, a cap rate analysis, and hairline fractures for the multifamily market. We also share some office headlines and give an overview of NYC's Local Law 97. Tune in now.
Episode Notes:
• Economic update (0:23)
• Interest rates inflection point (8:20)
• Digging into tech earnings (10:32)
• Impact on CRE (17:25)
• Optimistic or pessimistic? (20:12)
• Cap rates analysis (26:37)
• CMBS spread levels (30:45)
• Multifamily cracks (32:32)
• Office stories (40:19)
• Hotel news (42:28)
• Local Law 97 (43:28)
• Shoutouts (45:45)
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