We examine August CMBS remittance data and what the early delinquency numbers are telling us about the state of the recovery. We dig into big box retail earnings, the flurry of hotel headlines this week, and underwritten NOIs. Professor Manus Clancy also takes us to school for a lesson on CMBS loan modifications.
Episode Notes:
Big box retail earnings (0:58)
Early indications from August CMBS remittance data (8:03)
Hotel (and AirBnB) headlines (17:08)
Intriguing stories in the office sector (24:34)
CRE Deal of the Week (31:06)
Analyzing underwritten NOIs (33:23)
CMBS loan modifications 101 (42:23)
CLO exposure to private prison operators (48:38)
Will college reopenings last? (53:41)
The TreppWire Podcast: A Commercial Real Estate Show