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353. From Dot Plot to Deal Flow: Unpacking the Fed's Cut, Retail Data Stays Strong, Paramount’s $1.6B Play, Special Servicing Rates Fall

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Manage episode 507191109 series 2780941
The TreppWire Podcast, A CRE Show, The TreppWire Podcast, and A CRE Show에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 The TreppWire Podcast, A CRE Show, The TreppWire Podcast, and A CRE Show 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

In this week’s episode of The TreppWire Podcast, we analyze the Federal Reserve's recent rate cut and the impact on the commercial real estate (CRE) capital markets. We revisit the movement of the Secured Overnight Financing Rate (SOFR) and credit spreads leading up to the decision. We also unpack the stronger-than-expected retail sales data for August, debate whether economists are overestimating the impact of tariffs on spending, and touch on the current economic stability amid market risks. Turning to CRE stories of the week, we talk about Rithm Capital’s plans to acquire Paramount Group for $1.6 billion, Brookfield’s completed turn around of 660 Fifth Avenue, as well as SL Green and PGIM's $1.4 billion refinancing deal for 11 Madison Avenue. The episode ends with two recent trading alerts and key takeaways from Trepp’s August CMBS Special Servicing Report. Tune in now.

Episode notes:

  • Economic Update: Fed Cut Rates (0:28)
  • What is Causing Elevated SOFR Rates? (9:46)
  • CRE Loan Spreads Performance for the Week Ending Sept. 12 (13:40)
  • Strong Retail Sales Growth & Economic Stability (15:40)
  • Rithm Capital Plans to Acquire Paramount Group (27:45)
  • Brookfield Turned 660 Fifth Avenue Around with a $1.7 Billion Investment (32:14)
  • SL Green and PGIM's $1.4 Billion Refi for 11 Madison Avenue (35:52)
  • Trading Alert: Huge Manhattan Office Loan Sent to Special Servicing (38:59)
  • Trading Alert: Florida Mall Value Slashed Below Loan Balance (42:01)
  • Programming Notes (43:34)
  • Shoutouts (45:38)

Questions or comments? Contact us at [email protected].

Follow Trepp:

X: www.x.com/TreppWire

LinkedIn: www.linkedin.com/company/trepp

  continue reading

358 에피소드

Artwork
icon공유
 
Manage episode 507191109 series 2780941
The TreppWire Podcast, A CRE Show, The TreppWire Podcast, and A CRE Show에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 The TreppWire Podcast, A CRE Show, The TreppWire Podcast, and A CRE Show 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

In this week’s episode of The TreppWire Podcast, we analyze the Federal Reserve's recent rate cut and the impact on the commercial real estate (CRE) capital markets. We revisit the movement of the Secured Overnight Financing Rate (SOFR) and credit spreads leading up to the decision. We also unpack the stronger-than-expected retail sales data for August, debate whether economists are overestimating the impact of tariffs on spending, and touch on the current economic stability amid market risks. Turning to CRE stories of the week, we talk about Rithm Capital’s plans to acquire Paramount Group for $1.6 billion, Brookfield’s completed turn around of 660 Fifth Avenue, as well as SL Green and PGIM's $1.4 billion refinancing deal for 11 Madison Avenue. The episode ends with two recent trading alerts and key takeaways from Trepp’s August CMBS Special Servicing Report. Tune in now.

Episode notes:

  • Economic Update: Fed Cut Rates (0:28)
  • What is Causing Elevated SOFR Rates? (9:46)
  • CRE Loan Spreads Performance for the Week Ending Sept. 12 (13:40)
  • Strong Retail Sales Growth & Economic Stability (15:40)
  • Rithm Capital Plans to Acquire Paramount Group (27:45)
  • Brookfield Turned 660 Fifth Avenue Around with a $1.7 Billion Investment (32:14)
  • SL Green and PGIM's $1.4 Billion Refi for 11 Madison Avenue (35:52)
  • Trading Alert: Huge Manhattan Office Loan Sent to Special Servicing (38:59)
  • Trading Alert: Florida Mall Value Slashed Below Loan Balance (42:01)
  • Programming Notes (43:34)
  • Shoutouts (45:38)

Questions or comments? Contact us at [email protected].

Follow Trepp:

X: www.x.com/TreppWire

LinkedIn: www.linkedin.com/company/trepp

  continue reading

358 에피소드

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