197. Debt Ceiling Deal Debate; CRE Poker Face: Hold ‘Em or Fold ‘Em; Office Special Servicing Moves

With slowing regional bank turmoil, all eyes shifted to the debt ceiling deal debate. In this week’s episode, we examine the latest economic news. Mike Flood of the Mortgage Bankers Association shares his perspective on the debt ceiling and bank regulation. In CRE, we saw several office loans transfer to special servicing, sublease stories, and comps. We also share retail green shoots and crabgrass, a hotel comeback story, and discuss our bank CRE concentration analysis. And in an ode to Sam Zell, we reference his mentality of knowing when to “hold ‘em” and when to “fold ‘em.” Tune in now. Episode Notes: • Economic update(0:23) • Debt ceiling thoughts: Mike Flood, MBA (6:45) • Bank executive testimonials (9:35) • Regulatory changes ahead (11:01) • Bank CRE concentrations (15:14) • Office special servicing transfers (18:19) • Sublease stories (24:10) • Office comps (27:58) • Retail crabgrass (30:02) • Retail green shoots (33:35) • Hotel comeback story(36:12) • Shoutouts (38:51) Questions or comments? Contact us at [email protected]. Follow Trepp: Twitter: www.twitter.com/TreppWire LinkedIn: www.linkedin.com/company/trepp Facebook: www.facebook.com/TreppLLC