116. Rare Uptick in Delinquencies, Big Week for Office News, Retail Closures

Trepp reported that for the first time in 18 months, the CMBS delinquency rate increased, which is largely attributed to several new and significant office loans going delinquent. In this week’s episode, we dive into the rare uptick, highlight several important office stories, review the Fed minutes, and examine recent store closures for Macy’s, Bed Bath & Beyond, and the like. Episode Notes: Fed minutes (0:43) Delinquency report (11:12) Office stories (17:34) Office crabgrass (23:48) Green shoot news (25:25) Retail store closures (26:23) Retail green shoot with some caveats(29:45) Shoutouts (34:21) Questions or comments? Contact us at [email protected]. Follow Trepp: Twitter: www.twitter.com/TreppWire LinkedIn: www.linkedin.com/company/trepp-llc Facebook: www.facebook.com/TreppLLC