In this special guest episode of The TreppWire Podcast, we are joined by Seth Glasser, Senior Managing Director at New York Multifamily at Marcus & Millichap. As one of the top-producing multifamily agents in their office, Seth shares insights into his journey in commercial real estate (CRE), the major challenges facing the NYC multifamily market due to evolving legislation, and where the opportunities lie. We also dive into key topics including 1031 Exchanges, triple net leases (NNN), current cap rates, and the importance of knowing the data in your market. Tune in now. Episode Notes ..read more

This episode is sponsored by EisnerAmper. In this week's episode of The TreppWire Podcast, we unpack recent economic, manufacturing PMI, and job data to debate if it is an indication that we’re sticking the soft landing or a false narrative. We discuss the billion- dollar commercial real estate (CRE) headlines of the week from Valley National Bank and Deutsche Bank, as well as a $1 billion venture to identify and support office-to-residential projects. We dive into Trepp’s CMBS Delinquency Report, with the office delinquency rate surpassing 10% in November. We close the episode with credit and ..read more

This week, anyone outside of CRE may have thought markets were improving. But one quick search reveals that mainstream media is now all over what we’ve been talking about for many months. In this episode of The TreppWire Podcast, we break down the headlines, while also sharing industrial transaction stories and news for office, retail, multifamily and hotel properties. Tune in now. Episode Notes: - Economic update (0:23) - CMBS loan losses (7:01) - Industrial sales (10:41) - Office (16:46) - Retail news (28:33) - Multifamily stories (33:07) - Shoutouts (41:36) Please take our listener fee ..read more

In this week's episode of The TreppWire Podcast, we break down the latest consumer confidence and retail earnings data to understand “the tale of two consumers.” We talk Walmart vs. Target, more tariff talks, and examine the ‘largest’ stories all coming from Blackstone. We also break down several large retail loan changes, discuss the bifurcation seen across office headlines, and share transactions in multifamily and industrial. Happy Thanksgiving to all our listeners! Tune in now.      Episode Notes   Economic Update (0:23)   Consumer Confidence and The Tale of Two C ..read more

In this week's episode of The TreppWire Podcast, we discuss whether the Fed is going to cut rates in December, the potential implications of Trump tariff talks, and the news of NYC banning tenant-paid broker fees. We talk through Blackstone striking a deal to buy Jersey Mike’s, Floyd Mayweather Jr. swinging on an office investment, and other celebrities entering the commercial real estate space. We share several large trading alerts from the week, including a few single-asset, single-borrower (SASB) credit stories.  Tune in now. Episode Notes: - Economic Update (0:23) - NYC Ban on Tenant ..read more

This episode is sponsored by The Henley Group.  In this week's episode of The TreppWire Podcast, we breakdown more macroeconomic news following the election, as well as the October Senior Loan Officer Survey (SLOOS) that was conducted prior to the election. We dive into Q4 2024 Real Estate Roundtable Sentiment Survey results and tease out Trepp’s newly published Special Servicing Report with October numbers. We close this week’s episode with several office, multifamily, and retail credit stories from the week. Tune in now.  Episode Notes: Economic Update (0:25) Real Estate Roundta ..read more

This week was a big one. In this week's episode of The TreppWire Podcast, we unpack it all - from how the incoming Trump Administration could impact commercial real estate (CRE) markets, to the Federal Reserve cutting interest rates for the second time this year. We discuss the “higher for longer” narrative, the impact of monetary policy on transactions, and how issuance should hit $100B this year. We also dig into the major CRE headlines from the week - including Blackstone’s $4B all-cash deal and Starwood’s $244M industrial park sale – and wrap up with notable office, retail, and multifamily ..read more

In this timely and special guest episode of The TreppWire Podcast, we are joined by Avi Schron of Cammeby's International. Avi breaks down the difference between rent control and rent stabilization, shares his perspective on how multifamily rent control developed, and unpacks some of the biggest challenges that multifamily operators in NYC are currently facing. We also dive into rent stabilization’s impact on multifamily properties and share Trepp data that adds to the New York narrative. We discuss the role of data, technology, and innovation in the CRE industry, and wrap up the episode with ..read more

In this week's episode of The TreppWire Podcast, we cover the recent mixed bag of GDP, consumer spending, and homes sales data. We also discuss the hot topics of the week, including the Fed staff report on “extend-and-pretend” and the LA Market with Dodgers winning the World Series. We wrap up the episode with more office loans being transferred to special servicing, but end on some positive credit stories. Tune in now. Episode Notes: - Economic Update (0:51) - Average Home Mortgage Rate (5:08) - Look into the LA Market (9:09) - "Extend-and-Pretend" Fed staff Report (11:50) - Brookfield Bank o ..read more

In this week's episode of The TreppWire Podcast, we examine the bond market selloff and rising yields impacting CRE ahead of a data-heavy economic calendar. We analyze a wave of special servicing transfers, including significant office properties in Boston and New York, and a major retail property in Portland. We also discuss notable transactions in the multifamily and industrial sectors, including deals in Virginia, California and Washington state. Tune in now. Episode notes: - Economic Update (0:23) - Multifamily news: Midtown Manhattan building for sale, 3 Illinois and Kansas senior-living ..read more