117. Unpleasant CRE Surprises, Hotel & Office Happenings, CREFC Confidential

For the last few days, while attending the CREFC conference, Manus commented that the prevailing sentiment for 2022 is that the year will look like 2021... but also noted similarities to 2005. So the question is, how likely is it that? In this week’s episode, we go back and forth on this sentiment and highlight takeaways from the conference. Then, we dive into some unpleasant surprises in CRE and talk through positive stories for office and news in the hotel market. Episode Notes Economic update (0:29) Prevailing CRE sentiment from CREFC (10:47) Unpleasant surprises in CRE (25:20) NY hotel valuation reduction (26:40) CA property sold to pay off at par (28:23) CA pulls back on office leases (29:21) Hotel news (33:16) Positive office headlines (38:12) Shoutouts (44:38) Questions or comments? Contact us at podcast@trepp.com. Follow Trepp: Twitter: www.twitter.com/TreppWire LinkedIn: www.linkedin.com/company/trepp-llc Facebook: www.facebook.com/TreppLLC