129. Digesting Rising Interest Rates, Cap Rates, and Liquidity

In this week’s episode, the team tries to make sense of rising interest rates, cap rates, and liquidity. Diving into the CRE property types, we discuss hotel comps, retail store closures, and multifamily transactions. We also review a shopping mall Trading Alert that serves as an example of a CMBS "waterfall." Episode Notes: What's behind the Treasury moves? (0:50) Market impact on borrowers and the CRE industry (5:37) Impact on cap rates (9:38) Chicago hotel comps (12:28) Hotel valuation drops (14:57) Arizona Cardinals lodging move (18:14) Retail store closures (22:12) Vermont shopping mall, CMBS waterfall (23:25) Multifamily transactions (28:44) What's to come for office? (31:14) Shoutouts (37:34) 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