411. Play the Ball? Bonds Threw a Curve: New York CRE Shakeups & What Super Regional Bank Earnings Mean for CRE

In this week's episode of The TreppWire Podcast, we unpack a week of mixed market signals as the Fed held rates steady, but the bond market told a different story. We discuss what the market's reaction says about inflation, interest rates, and the outlook for CRE financing. We also cover a series of major New York City real estate stories, including new stop-work orders at office-to-residential conversion projects, Macy's decision to remove its iconic Herald Square shopping bag sign, the latest on the Flatiron Building's luxury residential conversion, and the rollout of the city's new pied-à-terre tax database. Finally, we break down super regional bank earnings to assess what they reveal about CRE lending and credit availability, before discussing the latest data center developments, from AI-driven market volatility and power constraints to tenant credit risk, and another massive project announcement. Tune in now.Episode notes: • Macro Update: The Fed Holds Steady & the Bond Market Pushes Back• AI Anxiety Triggers Circuit Breakers in South Korea• New York Property Tour: Stop Work Orders, Macy's Sign, the Flatiron & the Pied-à-Terre Tax• Digging Through the Data: Super Regional Bank Earnings• July CMBS Delinquency Rate • Data Centers: A Kentucky Mega-Campus, Grid Constraints & Neocloud Risk• Programming Notes• ShoutoutsQuestions or comments? Contact us at [email protected]. Follow Trepp: X: www.x.com/TreppWire LinkedIn: www.linkedin.com/company/trepp