25. Deep Dive into HOPE Act & 1031 Exchange, Shadow Vacancy Rates, Big Drop in CMBS Delinquencies

We welcome Lonnie Hendry, Head of Advisory Services at Trepp, for a deep dive into the HOPE Act and the potential impacts of eliminating the 1031 Exchange. We also analyze the big drop in the CMBS delinquency rate and shadow vacancy rates in the office market. In our new “Deals of the Week” segment, we highlight notable CRE transactions across the country. Episode Notes: Observations from Texas (1:16) The big drop in CMBS delinquency rates (3:00) What’s happening with JC Penney? (13:22) Deals of the Week (17:33) Shadow office vacancy rates (22:48) Breaking down the HOPE act (31:34) A deep dive into the 1031 exchange (43:46) Concerns in the CLO market (48:01) No Black Friday shopping this year (51:50)