293. Soft Landing or Hard Truth? Billion-Dollar Deals, Double-Digit Office Delinquencies & 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 transaction stories, including Burlington opening 100 net new stores in 2025, large acquisitions, and a retail and parking loan sent to special servicing. Tune in now.   Episode Notes  - Economic Update (0:56) - Valley National Bank $1B CRE Loans Sale (7:56) - Deustche Bank Sale of $1 Billion CRE Loan Portfolio (10:11) - Office-to-residential Projects Fund (13:42) - Trepp CMBS Delinquencies (19:02) - Burlington Opening 100 New Stores in 2025 (31:15) - Spinoso Real Estate Group Purchasing White Marsh Mall (25:27) - Seattle Retail and Parking Loan Sent to Special Servicing (33:50) - $79.5 Million Central Park of Lisle Loan Lowered (35:41) - $48.2 Million Cedar Crest Professional Park Loan Slashed (37:50) - Hotel Purchased in Chelsea NYC (40:31) - $82 Million Apartment Sale in Tampa (43:52) - Programming Notes (45:28) - Shoutouts (47:40) Please take our listener feedback survey: www.surveymonkey.com/r/BMPXLHG  Questions or comments? Contact us at [email protected].   Follow Trepp:  X: www.x.com/TreppWire LinkedIn: www.linkedin.com/company/trepp