Business
The yield on the 3-month treasury hit more than a 22-year high today, so, clearly, investors are jittery. In this week’s episode of The TreppWire Podcast, we explain what’s going on with the debt ceiling discussions, continued bank worries following the news of First Republic, and the economic uncertainty. In CRE, we cover the CMBS delinquency rate which held steady but revealed more concern for office, dive into comps and benchmarks for office, and review our Trading Alerts. Stick around to hear what ‘Siri’ says. Tune in now. Episode Notes: • Jittery market: debt ceiling, bank worries, economic uncertainty (0:23) • First Republic’s problems (9:23) • CMBS delinquency report (14:10) • Vornado pausing dividend (15:29) • Office stories (17:16) • CRE comps and benchmarks (20:06) • Trading alerts: sublease space, move outs (25:41) • Houston stories (32:30) • Multifamily news (35:31) • Shoutouts (41:39) Questions or comments? Contact us at podcast@trepp.com. Follow Trepp: Twitter: www.twitter.com/TreppWire LinkedIn: www.linkedin.com/company/trepp Facebook: www.facebook.com/TreppLLC