The TreppWire Podcast: A Commercial Real Estate Show

The market is on recession watch; are they making heads or tails of recent news? In this week’s episode, we ponder if commercial real estate will muddle through. We discuss Trepp’s latest CMBS delinquency report, noting an increase that could be a blip or a turning point in the recovery. We also dive into several office, retail, and hotel green shoot and crabgrass stories. Tune in now. Episode Notes: • Investors on recession watch (0:23) • CMBS delinquency report (7:28) • Office vacancies (12:07) • Crabgrass for office (16:31) • Office positives (20:23) • Retail update (27:50) • Mall stories (30:37) • Hotel mixed-green (32:49) • Shoutouts (35:14) 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

Get your whiteboards out. In this week’s episode, we give a half-year 2022 commercial real estate scorecard, providing an overview of where the market is and where it could be going. In office, it was a good week for transactions and lease renewals. We also discuss the latest bank loan delinquency and origination data. Listen now. Episode Notes: Economic outlook, markets looking for direction (0:25) Layoff news and the impact (9:21) First half-2022 recap and CRE scorecard (13:33) CMBS and CMBX spreads YoY comparison (17:13) Glass half-full case for the market (23:35) Bank loan delinquency and origination data (36:28) Office transactions and renewals (38:41) Hotel green shoots (43:24) Shoutouts (47:05) 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

In this week's episode, we discuss the five pillars that make up commercial real estate, comparing office health to what we have seen in the past for the retail market. We also talk through the latest green shoot and crabgrass headlines for both sectors. Then, looking at the multifamily market, we give an overview of the events that could pose potential risks for the market in the future. Tune in now. Episode Notes: • Market news (0:24) • Retail green shoots (9:42) • Office: impact of layoffs, rescinded offers(16:43) • Green shoots in the office market (21:33) • 5 pillars that make up CRE (24:01) • Crabgrass headlines (30:48) • Multifamily: rent stabilization (34:39) • Apartment conversions (36:15) • Deal of the week (38:02) • Shoutouts (45:38) 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

In this week's episode of The TreppWire Podcast, the team unpacks the Fed's rate-hike decision and shares key takeaways from CREFC's conference in NYC. We highlight changes in cap rates, upcoming CMBS maturities, and the current market sentiment. Lastly, we dive into retail, office, and mall news before discussing Father’s Day plans. Episode Notes: Market Updates (00:49) Lenders and borrowers (9:47) CREFC Round-up (14:55) Consumer Sentiment (28:14) Greenshoots (37:14) Crabgrass (42:01) Deal of the Week (44:18)Shoutouts (45:44)

In this week's episode of The TreppWire Podcast, we dive into the latest on inflation, as we await the consumer inflation numbers that come out Friday morning. We also dive into some office crabgrass and greenshoots and we're bringing back the "deal of the week." We then touch on hotel stories and some retail alerts. Tune in now.

In this week’s episode, we dive into bearish comments from Jamie Dimon, Fed announcements, and inflation data. We give a "CMBS 123," hitting on primary market news, spread movement, and changes in delinquency rates. We discuss Elon Musk’s comments about the return to work and then examine other office news. In noteworthy CRE stories, we touch on crabgrass and green shoots for shopping centers, large retail loans, food and beverage operators, and office vacancies. Tune in now. Episode Notes: • Market update (0:21) • CMBS spread movement (6:47) • Delinquency rate (14:29) • Retail (19:21) • Retail credit stories (24:27) • Return to office? Elon Musk's take (28:07) • Office stories (31) • Shoutouts 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

In this week's episode, we examine the mixed-bag of retail earnings reports and what it means for the market. We talk about office maturities, stories focused on "vacate and terminate," and the sentiment that the office market may be facing "death by a thousand cuts." Finally, we dive into single-asset, single-borrower transactions and explain the trends seen with those CMBS deals. We also find out what Lonnie would do if he wasn’t in CRE and discuss what he would name his startup company... Episode Notes: • Stocks, economy, market news (0:23) • Thing 1 & thing 2 in the market (5:25) • Mixed bag of retail earnings (8:52) • ICSC retail conference sentiment, interview with Stephanie Cegielski (16:58) • Retail stories (22:47) • Office maturities (28:07) • Office crabgrass (34:20) • Trading Alert: NY office loan extension (41:46) • Single-asset, single-borrower issuance (43:13) • Shoutouts (49:08) 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

In this week's episode, we dive into the latest on consumer sentiment, which declined in early May to the lowest since 2011 as persistent concerns over inflation dimmed Americans' views on the economy. We also examine retail earnings reports, showing a slump in many major retail stores, yet a top performance from home improvement stores. In weekly CRE news, we review negative office stories and hotel transactions.

In a special guest episode of The TreppWire Podcast, we welcome Carly Tripp, Global Chief Investment Officer and Head of Real Estate Investments at Nuveen Real Estate. Carly speaks with the team about the shifting commercial real estate landscape, diving into the impact of the current macroeconomic climate and how the pandemic changed the market. We also discuss the heavily-debated office sector, retail resiliency, and surprises in CRE. Episode Notes: Carly Tripp background/overview (0:54) Interest rates and inflation, impact on CRE (3:51) Are parts of CRE more resilient to passing costs? (7:08) Rental housing (10:16) The velocity of CRE & investment (12:06) CRE fundamentals: the office market (14:22) Hotel volatility (18:17) Strong performers, alternative asset classes (20:51) Retail resiliency (23:46) What keeps us up at night: the macro backdrop (26:08) Vibe check (29:26) Nuveen RealAccess report (30:33) 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

In this week’s episode, we dive into the latest market reactions; crypto panic, inflation gauges, and Fed announcements. We also share insights and market sentiment from our lending client symposium, featuring takeaways from industry experts at the Mortgage Bankers Association and the Atlanta Federal Reserve. In weekly CRE news, we dive into more negative stories for office, the hot or not industrial market, and retail headlines. Episode Notes: • Market headwinds (0:43) • Stocks that hit us over last few months (5:45) • Insights: Brian Bailey, Atlanta Fed (7:14) • Regulation update, Mike Flood, MBA (15:03) • Lending and originations sentiment (18:18) • Office news this week (20:42) • Industrial market update(31:24) • Shoutouts (40:00) 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