Shows
Simply Commercial Real EstateInvesco’s $1.2B Real Estate Move & Brookfield’s $16B Fundraising TriumphIn this episode, we explore Invesco's strategic entry into the commercial real estate CLO market with a $1.2 billion deal, marking a significant milestone in the sector. We also delve into Brookfield's impressive $16 billion fundraising for distressed real estate assets, highlighting their strategic acquisitions and market outlook. Additionally, we discuss the growing trend of family offices investing in commercial real estate, driven by stability and inflation-hedging benefits. Join us for these insights and more on Simply News Radio.
Sources:
https://irei.com/news/incref-closes-its-first-1-2b-commercial-real-estate-clo/
https://commercialobserver.com/2025/05/invesco-clo/
https://www.credaily.com/briefs/cre-clo-debut-invesco-closes-1...2025-05-1112 minSimply Commercial Real EstateInvesco’s $1.2B Real Estate Move, Brookfield’s Record Fundraising, and Chime’s NYC ExpansionIn this episode, we delve into Invesco's strategic $1.2 billion entry into the commercial real estate CLO market, Brookfield Asset Management's record-breaking $16 billion fund for distressed real estate, and Chime's significant office lease in Manhattan's Flatiron District. Join us as we explore the implications of these major developments in the real estate and fintech sectors.
Sources:
https://www.globest.com/2025/05/08/invesco-reit-strengthens-liquidity-with-12b-cre-clo/
https://www.credaily.com/briefs/cre-clo-debut-invesco-closes-1-2b-deal/
https://www.perecredit.com/invesco-closes-inaugural-cre-clo-at-1-2bn/
https://www.crefc.org/news
https://www.credaily.com/briefs/
https://propmodo.com/brookfield-is-going-on-a-distressed-building-shopping-spree/
https...2025-05-1012 min
The Real Estate Market Watch - current events through a real estate lens.Rates, Risk, and the Return of Discipline What the Debt Markets Are Telling Us — and Why Sponsors Should Listen Insights from Lisa Pendergast, Executive Director, CREFC In today’s capital markets, where debt is more expensive, less available, and slower to move, understanding how credit flows work has become just as important as understanding your deal. That’s why I sat down with Lisa Pendergast, Executive Director of the Commercial Real Estate Finance Council (CREFC) – a central figure in the $5 trillion CRE debt markets – to ask what the institutions upstream are seeing, and what that means for those of us operating on the front lines of equity, operations...2025-05-071h 01
HousingWire DailyCREFC’s David McCarthy on the reconciliation tax billOn today’s episode, Editor in Chief Sarah Wheeler talks with David McCarthy, managing director and head of legislative affairs at the CRE Finance Council, about the reconciliation tax bill, regulation under the Trump administration and what he expects for Fannie and Freddie.
Related to this episode:
Updated list of all Trump’s actions that impact housing
HousingWire | YouTube
More info about HousingWire
Enjoy the episode!
The HousingWire Daily podcast brings the full picture of the most compelling stories in the housing market reported across HousingWire. Each morning, listen to editor in chief Sarah Wheeler talk to leading industry voices an...2025-05-0642 minSimply Commercial Real EstateRising CMBS Delinquencies and Major HUD Budget Cuts: A Deep DiveExplore the latest challenges in the commercial real estate market as CMBS loan delinquencies hit a five-year high. Delve into the Trump administration's proposal for a 44% cut to HUD funding and its potential impact on housing policy. Plus, learn about the Durst Organization's significant $250 million financing deal in Midtown Manhattan, highlighting lender confidence in prime office properties. Join us for an in-depth analysis of these pressing issues and their implications for the future.
Sources:
https://www.credaily.com/newsletters/cmbs-delinquencies-cross-7-and-its-not-just-office-anymore/
https://bostonrealestatetimes.com/kbras-april-cmbs-trend-watch-highlights-slowdown-in-issuance-amid-tariff-concerns/
https://www.trepp.com/trepptalk
https://cred-iq.com/blog/2025/05/02...2025-05-0611 min
It's Your Life PodcastThe Freedom Framework | 05.04.24Special Guest: Jack M. Cohen Show Highlights A sit-down conversation with Jack M. Cohen– Author, Founder and CEO of Darkknight Ventures, Iconoclast Executive, and Mentor Capitalist 3 keys to success 60 practical business frameworks for effective networking, productivity, and problem-solving How to master the art and science of collaboration, time management, and team leadership. Strategies to invest in yourself, fueling self-reliance for true independence Biography Jack M. Cohen, founder and CEO of Darkknight Ventures, is an iconoclast executive and mentor capitalist with over 43 years of experience in commercial real estate finance and business lead...2025-05-0551 min
The Gray Report PodcastHousing Market Reality Check.Amid the prospect of a declining economy, investors have not withdrawn their interest in the multifamily market. The substantial momentum of apartment demand is promising news for a more balanced market, but multifamily performance will continue to vary among different markets.Sources discussed in this episode:The Conference Board: “US Consumer Confidence Plunged Again in April” https://www.conference-board.org/topics/consumer-confidence The New York Times: “Washington State Lawmakers Vote to Limit Rent Increases” - https://www.nytimes.com/2025/04/27/us/rent-increase-washington-state.html Apartment List: April 2025 National Rent Report, “the first indication of demand slowing due to declining consumer confidence amid a mor...2025-05-0252 minSimply Commercial Real EstateNavigating the Complexities of the U.S. Commercial Real Estate MarketExplore the current state of the U.S. commercial real estate market as it faces high interest rates and new tariffs. Discover how different sectors are performing, with insights into the industrial sector's resilience and the office market's stabilization. Learn about notable transactions and the factors investors should watch in the coming months. Join us for an in-depth analysis of the challenges and opportunities in today's market.
Sources:
https://www.jll.com/en-us/insights/market-dynamics/industrial-market-statistics-trends
https://www.nar.realtor/research-and-statistics
https://www.statista.com/statistics/1610616/commercial-real-estate-rental-growth-usa-by-property-type/
https://www.crefc.org/cre/content/News...2025-04-2504 min
Orion's The Weighing MachineMorris Chen of DoubleLine Capital - Commercial Real EstateToday on the podcast, Rusty and Robyn are joined by Morris Chen, Portfolio Manager at DoubleLine Capital. Mr. Chen joined DoubleLine at its inception in 2009. He is a Portfolio Manager leading the CMBS/CRE Debt Investment team and CRE New Investment Review Group, and is responsible for the oversight and management of all CRE Debt related investments at DoubleLine. Mr. Chen is a permanent member of the Fixed Income Asset Allocation and Structured Products Committees providing valued insight into the CMBS sector. He is also an active participant and speaker at CREFC events. Prior to DoubleLine, Mr. Chen was...2025-04-0848 min
The CRE Weekly Digest by LightBoxState of the CRE Debt Market—Insights from CREFC’s Lisa PendergastThis week the LightBox podcast team talks with Lisa Pendergast, President and CEO of Commercial Real Estate Finance Council (CREFC) about the CRE debt market. Together, they discuss the current landscape of the commercial real estate finance market, highlighting a sharp rebound in market sentiment and CMBS issuance volumes. And, despite the robust levels of new issuance, lenders are proceeding with a disciplined approach to underwriting deals. Lisa shares insights into the performance of key asset classes and puts some important perspective on negative media headlines. The discussion also covers policy and regulation and the potential impact of stagflation...2025-03-2830 min
It's Your Life PodcastThe Freedom Framework | 03.23.25Special Guest: Jack M. Cohen Show Highlights A sit-down conversation with Jack M. Cohen – Author, Founder and CEO of Darkknight Ventures, Iconoclast Executive, and Mentor Capitalist 3 keys to success 60 practical business frameworks for effective networking, productivity, and problem-solving How to master the art and science of collaboration, time management, and team leadership. Strategies to invest in yourself, fueling self-reliance for true independence Biography Jack M. Cohen, founder and CEO of Darkknight Ventures, is an iconoclast executive and mentor capitalist with over 43 years of experience in commercial real estate finance and...2025-03-2451 min
GLOW CRELisa Pendergast on Doing the Right ThingDuring Women's History Month, Pamela and Pharrah are joined by Lisa Pendergast, President & CEO of Commercial Real Estate Finance Council (CREFC). Hear what guides Lisa to reaching heights in her career while ushering the next generation to success in CRE finance.Learn more about the GLOW CRE podcast, sponsored by Greystone.2025-03-0637 min
FICC FocusCRE Sentiment and Risks with CREFC’s Pendergast: Macro MattersA spate of economic and political headlines has traders working harder than usual to assess US indicators for clues on interest rates and property markets. In this episode of the Bloomberg Intelligence Macro Matters Podcast, Lisa Pendergast, president and CEO of CREFC, joins host and BI chief US rates strategist Ira Jersey, senior REIT analyst Jeffrey Langbaum and senior US and Canada rates strategy associate Will Hoffman to discuss all things commercial real estate. They discuss changes in sentiment post-Covid-19 and relative value across market segments. They also examine the potential for continued office-space conversions, and how the industry is appro...2025-02-2737 min
Show Me The Money With Michael DerkExclusive Interview with Jack Cohen of Arrowmark PartnersMr. Cohen has more than 43 years of experience as a leader, manager, originator, and administrator across a diverse portfolio of career initiatives, primarily in commercial real estate. He is currently a Managing Director at Arrowmark Partners and serves as Head of Strategy for Saluda Grade. Mr. Cohen began his career with Cohen Financial in 1981 as a loan originator before becoming CEO, a title he held for 25 years, during which he recapitalized the firm six times between 1998 and 2013. His professional affiliations include serving as Association President of Chartered Realty Investor and the Commercial Real Estate Finance Council (CREFC), being a...2025-02-1751 min
CRE Exchange: Commercial Real Estate, Property Valuations, Real Estate Analytics and Property TaxRates, returns, and realities for US CRECRE Exchange hosts Omar Eltorai and Cole Perry discuss the latest macroeconomic news, including the Federal Reserve's recent interest rate decision, along with data on housing, construction spending, and GDP releases. They also touch on what has been moving the markets with a look at recent earnings across banks and commercial real estate firms. Finally, they share a review of sentiment findings from CREFC’s most recent Board of Governors survey, and share a round-up of all the upcoming earnings calls and releases they will be monitoring over the next week. Key Moments:...2025-02-0627 min
CRE Exchange: Commercial Real Estate, Property Valuations, Real Estate Analytics and Property TaxUS CRE debt market: 2024 recap and 2025 outlook with Stephen BuschbomWe welcome back Dr. Stephen Buschbom, co-host of The TreppWire Podcast and real estate and finance lecturer at Clemson University. Just over a year ago, Stephen joined us for an episode where he made a number of prescient calls on what lay ahead for 2024. In this episode, he joins Omar Eltorai and Cole Perry once again to share a retrospective on the 2024 US debt market, and discuss potential developments for 2025. Key Moments:01:26 Recap of 2024 predictions02:50 Key debt market trends in 202403:32 Maturity defaults and loan performance2025-01-3047 min
Dechert 4 RealTop Five CREFC Takeaways and a “Bullishly Measured” 2025 OutlookListen to the top five biggest takeaways from the CREFC annual conference in Miami on our first episode of 2025 with Dechert 4 Real Podcast co-host Jon Gaynor and producers Matt Armstrong, Kate Mylod and Stewart McQueen (who also co-chaired the conference). Get the inside scoop on the overall vibe, insights from keynote speaker Ron Howard, thoughts on increasing back-leverage options in commercial real estate finance and other trends to watch this year!Show NotesFull CREFC Miami 2025 Program2025-01-2835 min
CRE Exchange: Commercial Real Estate, Property Valuations, Real Estate Analytics and Property TaxEarly CRE vibes for 2025: Moderate growth and cautious optimism?Omar and Cole kick off this week’s episode with some recent macro releases that help set the stage for 2025, then touch on some of what's happened in the capital markets since this year started. Finally, they share a number of initial industry themes for 2025 from the recent CREFC conference in Miami, and others based on personal observations of the commercial real estate market. Key Moments:01:23 Federal Reserve's Beige Book insights06:38 Capital markets and economic indicators07:50 Small Business Optimism Index and housing data11:26 Retail sal...2025-01-2334 min
The TreppWire Podcast: A Commercial Real Estate Show302. Taxes, Transactions, 2025 Themes: Wildfire Tax Relief, Sales Transactions, & CREFC TakeawaysIn this episode of The TreppWire Podcast, we review the themes, discussions and key takeaways from CRE Finance Council (CREFC)’s January 2025 conference. We also analyze the latest economic data including the increase in both the Consumer Price Index and the Producer Price Index, the rise in jobless claims and the pickup in economic activity reported by the Fed’s Beige Book. We review the bank earnings reported on the 15th, discuss the California wildfires and real estate taxes, and Local Law 97 in NYC. We then go over two trading alerts about special servicing transfers and review some notable mult...2025-01-1753 min
Commercial Property ExecutiveSustainability Street: Inside CRE's Flood Insurance Quandary
Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in.
For this episode, my guests—Sairah Burki, managing director & head of Regulatory Affairs & Sustainability at the Commercial Real Estate Finance Council, and David McCarthy, CREFC managing director & head of Legislative Affairs—delve into the legislative logjam around the National Flood Insurance Program, which, though basically insolvent, is the only flood insurance alternative for many.
They also discuss the need for long-term authorization, and innovative strategies around flood coverage.
“The policymakers have to decide who is...2024-11-0434 min
Commercial Property ExecutiveInvestment Matters: CRE's Finance Spigot ReopensChange is in the air this fall for commercial real estate investment. The Fed’s announcement of a 50-basis-point interest rate cut in late September, and the expectation that more cuts are ahead, signals a reopening of the spigot for real estate finance. But there’s plenty more in the mix these days.
In this conversation, CPE Executive Editor Therese Fitzgerald gives us a snapshot of what’s around the corner for investment, explores trends in CMBS and debt funds, and brings key takeaways from CREFC’s recent conference in New York City.
Episode highlights:
· The impact of...2024-10-2717 min
The CRE Weekly Digest by LightBoxElection 2024: Navigating the Risks and Opportunities for CREIn this week’s guest pod episode, the team dives into the potential economic impact of the upcoming November election with special guest David McCarthy, managing director and head of Legislative Affairs at CREFC. McCarthy breaks down the CRE risks and opportunities tied to outcome scenarios, examining potential impacts on taxes, housing and climate change policies, and banking regulations. Plus, how can the industry address concerns over property risk and soaring insurance rates in the wake of extreme weather events? 02:56 What are the Risks and Opportunities? 05:47 Focus on Tax Policy 11:52 The Role of the F...2024-10-1840 minDechert 4 RealHow Climate Change, AI and Office Challenges Are Impacting CMBS With Erin Stafford From Morningstar DBRS What is the current state of commercial mortgage-backed security, or CMBS? Dechert 4 Real hosts Jon Gaynor, Ella Smith and Sam Gilbert invite the managing director and head of North American CMBS ratings activity at Morningstar DBRS, Erin Stafford, to the podcast to break down the current headwinds and opportunities in the CMBS space, from climate change’s impact on CMBS ratings to the industry’s emerging interest in data centers. Plus, Sam gives the 411 on New York City’s Safe Hotels Act, Dechert’s John Ludwig-Egan highlights an upcoming re-proposal of the Basel III Endgame rules and the hosts...2024-09-2543 min
Commercial Property ExecutiveSustainability Street: CRE Finance's New ParadigmWelcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in. For this episode, my guest is CRE Finance Council Managing Director Saraih Burki, head of regulatory affairs and sustainability for the organization.
Burki and I discuss how CREFC's Sustainability Initiative is helping members make sense of expanding imperatives and opportunities through education, advocacy and transparency.
"As a reputational issue, you want to be seen as as sort of a forward-thinking green type of institution, and honestly a lot of it is very practical," Burki said. "...2024-08-1631 min
CRE Exchange: Commercial Real Estate, Property Valuations, Real Estate Analytics and Property TaxCRE data science and market dynamics with Tim SavageJoin us for an engaging discussion featuring Tim Savage, Clinical Assistant Professor at NYU's Schack Institute of Real Estate. With expertise in econometrics, machine learning and data science, Tim discusses his career path from consulting to academia, his work at NYU's Applied Analytics Lab and CREFC Center for Real Estate Finance, and the current dynamics driving the market. We’ll also cover Tim’s views on the bifurcation of office space, the rising significance of data science in commercial real estate, the critical role of climate change in insurance and valuations, and more. ...2024-07-1147 minDechert 4 RealRolling into Summer with CREFC Roulette and the Biggest Takeaways from the June ConferenceDechert’s Jon Gaynor, Kate Mylod, Stewart McQueen and Matt Armstrong dive into the biggest conversations coming out of the 2024 CREFC Annual Conference in New York, including return-to-office trends, the “acceptance of reality” in the commercial real estate industry, what’s really happening in those “invitation only” sessions, and keynote speaker Trevor Noah’s poignant thoughts about airplane turbulence. Show Notes THE CRED – Private Credit News and Insights Dechert Co-Chair Mark Thierfelder’s Milken Institute 2024 Global Conference “The Promise and Pitfalls of Private Equity” Panel2024-06-2042 min
The TreppWire Podcast: A Commercial Real Estate Show262. Gritty Optimism in CRE, Need for Price Discovery, & Mixed Multifamily NarrativesIn this week's episode of The TreppWire Podcast, the team unpacks the gritty optimism surrounding CRE that dominated discussions at CREFC. We also discuss the latest inflation reading and the narrative after the Fed opted to hold interest rates steady. In office, more loans head to special servicing, but it wasn't all bad news for the sector. We also break down the narrative in the multifamily market. Tune in now.
This episode is sponsored by Marketplace: https://rimarketplace.com/?utm_source=credirect&utm_medium=podcast_paid&utm_campaign=june2024
Episode Notes:
- CREFC recap & inflation + interest rate headlines (0:23)
- Office...2024-06-1551 minDechert 4 RealCREFC Roulette Resolutions, Shaq Quotes and Conference ClichésIn our first episode of 2024, co-host Jon Gaynor and producers Matt Armstrong, Stewart McQueen and Kate Mylod play a round of CREFC Roulette following the Council’s annual January conference in Miami. Topics include overall industry sentiment, interest rate expectations, the future of multifamily, and more.2024-01-2243 minThe Gray Report PodcastTop Markets for 2024Markets in the Northeast and the Sun Belt continue to get attention, along with mountain locales like Idaho and Montana, but affordability is a significant draw for Midwestern markets like Cincinnati and Indianapolis.
Sources discussed in this episode:
U-Haul: “Top Growth States of 2023” - https://www.uhaul.com/Articles/About/U-Haul-Announces-Top-Growth-States-Of-2023-30660/
United Van Lines: "2023 Annual National Movers Study" - https://www.unitedvanlines.com/newsroom/movers-study-2023
Atlas Van Lines: “2023 Migration Patterns Study” - https://www.atlasvanlines.com/resources/migration-patterns
Zillow: “Hottest Housing Markets of 2024” - https://zillow.mediaroom.com/2024-01-04-Buffalo-charges-to-the-top-of-Zillows-2024-hottest-markets-list
NAR: “County Median Home Prices and Monthly Mortga...2024-01-191h 00
CRE Exchange: Commercial Real Estate, Property Valuations, Real Estate Analytics and Property TaxCRE 2024: Not negative?In last week’s CREFC conference, a panelist perfectly captured the initial CRE outlook for 2024 as “not negative.” There's much in those two words but also in what's not being said.On this week’s podcast episode, we recap key themes for the 2023 CRE market, including the importance of monetary policy and the potential potency of technology, also saw capital and credit concerns overshadowing positive factors. Looking ahead to 2024, we discuss the latest macroeconomic indicators covering jobs, inflation, consumer credit, construction spending, rates expectations and more!For a more in-depth...2024-01-1826 min
The TreppWire Podcast: A Commercial Real Estate Show238. CRE Temperature Check at CREFC Miami: Resilience in a Wary MarketIn this week's episode of The TreppWire Podcast, we reflect on the CREFC Miami 2024 conference, and the parallels in terms of bullishness on the dovish Fed pivot. While there is a generally positive overtone as we head into 2024, there are underlying concerns that have yet to be addressed. We also dive into multifamily sales, office news, and a few stories for the retail and lodging segments. Tune in now.
Episode Notes:
- Economic update (0:23)
- CREFC conference sentiment (2:48)
- Multifamily sales and news (10:26)
- Office stories (21:35)
- Hotel discount sale (31:27)
- Retail headlines (35:32)
- Shoutouts (38:15)
Please take our listener feedback...2024-01-1243 minDechert 4 RealCREFC Capital Markets Conference, Warehouse Facilities and Autumn FavoritesIn a special episode, co-host Jon Gaynor joins producers Matt Armstrong, Stewart McQueen and Kate Mylod, and special guest partner Gennady Gorel for another round of CREFC Roulette following the Capital Markets Fall Conference in New York. Gennady also digs into the latest trends impacting warehouse financing, and the group shares their favorite fall fun-tivities, minus the pumpkin spice.2023-10-1042 min
CRE Exchange: Commercial Real Estate, Property Valuations, Real Estate Analytics and Property TaxShutdown averted; consumer spending and home sales weakenOn this week’s episode of the CRE Exchange podcast, Cole Perry and Omar Eltorai, both of Altus Group, cover the latest US economic print, including consumer signals from Costco, CarMax and Carnival’s earnings reports. Additionally, they discuss the current housing trends in San Francisco and the rest of the country. Lastly, they share some observations from the CREFC Capital Markets Conference which took place last week.Key Takeaways:(01:13) Core PCE inflation was up 3.9% year-over-year in August 2023, the smallest monthly increase since November 2020.(02:29) Bank credit card delinquency rates are at the hi...2023-10-0519 min
CRE Exchange: Commercial Real Estate, Property Valuations, Real Estate Analytics and Property TaxUS and Canada commercial real estate monthly market update — June 2023Today’s episode is the June edition of the CRE monthly market update, where we delve into the North American CRE market and uncover some of its newest developments and trends.To do that, we’re joined by Peter Norman, Vice President and Chief Economist at Altus Group, and Omar Eltorai, Director of Research, also at Altus Group.We talk about:- Canada’s wildfires and their impact on the economy.- Implications for the interest hike rise in Canada and the debt c...2023-06-2834 minThe Gray Report PodcastWill a Sinking Office Market Drag Down Multifamily?
With office real estate suffering as remote working arrangements persist and drive down demand for office space, there is increasing attention on the broader impacts and knock-on effects related to the shift away from the office. Commercial real estate lenders have yet to panic, even in this environment of high interest rates and low transaction volumes, and while multifamily valuations have also suffered due to high rates, the same work-from-home factors that are hurting office CRE performance could support more consistently elevated values for residential real estate.
Sources covered in this episode:
Commercial Property Executive: “Servicing, Defaults Dominate CREFC Di...2023-06-231h 16Dechert 4 RealCREFC Roulette: Six Key Themes and Four Cocktails Inspired by the June ConferenceIn this special episode, our producers Matt Armstrong, Stewart McQueen and Kate Mylod take to the mics alongside Jon Gaynor to recap the Commercial Real Estate Finance Council’s June Conference held in New York City from June 12-14. Topics include industry sentiment towards the Fed regarding interest rates, the encouraging buzz around CRE-CLOs, and the fate of office as an asset class, plus four CRE-inspired cocktail ideas to keep spirits high during down markets. 2023-06-2231 min
The TreppWire Podcast: A Commercial Real Estate Show201. Optimism Hard to Find at CRE Event; Industrial Hitting a Wall?; Retail Owner Throws in TowelThis week, all eyes were on the inflation numbers, the Fed’s interest rate decision, and retail sales. In this episode, we dive into the macro news and discuss whether we think this is it for the CPI and Fed Funds Rate or if we’ll continue talking about it in the second half of the year.
In CRE, we share takeaways from the annual CREFC conference in terms of issuance, price discovery, and predictions for the market. We also dive into an industrial demand story, analyze multifamily data, and note some big news in retail and office. Tune in now...2023-06-1647 min
CRE® Thought LeadersArtificial Intelligence and Real Estate (with Tim Savage, Ph.D., CRE)In this 12-minute episode, Global Chair Bill McCarthy, CRE, talks with Tim Savage, Ph.D., CRE, on the convergence of artificial intelligence and real estate.
Dr. Savage is a professor and the director of the CREFC Center at New York University’s Schack Institute of Real Estate, and co-director of the NYU School of Professional Studies Applied Analytics Lab.
2023-05-2212 min
The TreppWire Podcast: A Commercial Real Estate Show177. ‘Game of Chicken’ for Players in CRE Finance, CREFC Sentiment; Office Sublease SpecialFor the last few days, the podcast team was at CREFC Miami, where the sentiment surrounded “cautious optimism” (or was it “cautious pessimism?”) and the 'game of chicken' that is taking place for buyers/sellers and borrowers/lenders. In this week's episode, Orest Mandzy of CRE Direct joins the team to share our takeaways from the CRE finance industry conference, dive into what’s to come for multifamily and affordability, examine where CMBS issuance and loan payoffs stand, and share crabgrass and green shoots for retail and office. Tune in now.
Episode Notes:
Economic update (0:23)
Good news on inflation (3:07)
Housing (6:15)
CREFC Conf...2023-01-1353 min
EG Property PodcastsEG Like Sunday Morning: Chunky chips for the hacked offPiers Wehner is joined by Pui-Guan Man and Tim Burke for this week's trawl though the news.
CREFC has reported that prices are being "chipped" by 20 to 40%. The big agents are suffering from a $400m drop in earnings from capital markets. And everyone is "hacked off" with the abrupt demise of investment zones.
Plus, a quiz that asks all the important questions: who is the owner of property's fishiest feet, and why is Landsec's Cardinal Place suddenly sweaty?
2022-11-1321 minCRE® Thought LeadersInflation and Interest Rates – Top Ten in 10 (with Timothy Savage, Ph.D., CRE)In this episode, Jonathan Schein, CRE, discusses the impact of inflation and interest rates with Timothy Savage, Ph.D., CRE. Inflation and Interest Rates was listed as the #1 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.
Timothy Savage, Ph.D., CRE is a Clinical Assistant Professor at the NYU Schack Institute of Real Estate, where he is the Faculty Director of the CREFC Center for Real Estate Finance. He is the former Senior Managing Economist and Principal Data Scientist of CBRE Econometric Advisors (the former Torto Wheaton Research Group). Tim is an eco...2022-08-2410 min
The Closing Table by ProDealCo-President & Chief Innovation Officer at Stronghill Capital: Jack Cohen on Mistakes to Avoid at the Closing Table Jack Cohen has 41 years of experience as a leader, manager, originator and administrator across a diverse portfolio of career initiatives, though mostly in commercial real estate. Mr. Cohen is a non-executive Vice-Chairman at 3650 REIT, and a board member at: CRESimple, Hillcrest, Brokers & Engineers, Ascot, Forum Real Estate Group, and Academic Approach. Mr. Cohen began his career with Cohen Financial in 1981 as a loan originator before taking the lead of the firm as CEO, a title he held for twenty-five years. Mr. Cohen recapitalized the firm six times between 1998 and 2013. Mr. Cohen has held several Professional A...2022-07-1926 min
The TreppWire Podcast: A Commercial Real Estate Show143. Unpacking The Fed's Decision; CREFC Sentiment; Making Sense Of The Gloom & DoomIn this week's episode of The TreppWire Podcast, the team unpacks the Fed's rate-hike decision and shares key takeaways from CREFC's conference in NYC. We highlight changes in cap rates, upcoming CMBS maturities, and the current market sentiment. Lastly, we dive into retail, office, and mall news before discussing Father’s Day plans.
Episode Notes: Market Updates (00:49) Lenders and borrowers (9:47) CREFC Round-up (14:55) Consumer Sentiment (28:14) Greenshoots (37:14) Crabgrass (42:01) Deal of the Week (44:18)Shoutouts (45:44)2022-06-1549 min
The TreppWire Podcast: A Commercial Real Estate Show117. Unpleasant CRE Surprises, Hotel & Office Happenings, CREFC ConfidentialFor the last few days, while attending the CREFC conference, Manus commented that the prevailing sentiment for 2022 is that the year will look like 2021... but also noted similarities to 2005. So the question is, how likely is it that?
In this week’s episode, we go back and forth on this sentiment and highlight takeaways from the conference. Then, we dive into some unpleasant surprises in CRE and talk through positive stories for office and news in the hotel market.
Episode Notes
Economic update (0:29)
Prevailing CRE sentiment from CREFC (10:47)
Unpleasant surprises in CRE (25:20)
NY hotel valuation reduction (26:40)
CA property sold to pa...2022-01-1450 min
Leading Voices in Real EstateSam Chandan | Silverstein Chair and Academic Dean of NYU’s Schack Institute of Real EstateIn Leading Voices’ inaugural “back to school” episode, Matt interviews Sam Chandan, the Larry & Klara Silverstein Chair and Academic Dean of NYU’s Schack Institute of Real Estate, one of the largest real estate graduate and undergraduate programs globally. In a wide-ranging conversation, Sam shares the value of an education in real estate and how it prepares future leaders for their careers in the multi-disciplinary business of real estate. In the episode, they discuss the complex issues addressing our industry, including climate change, urbanization, social equity, diversity in leadership, and public health issues. Sam provides a framework on how our indu...2021-09-0748 min
The TreppWire Podcast: A Commercial Real Estate Show87. CRE's Good, Bad, & Unknown: Mid-Year Property Type Review, CREFC ConfidentialTrepp just wrapped up our mid-year analysis (aptly called The Mid-Year Magazine) that will be published next week with Commercial Real Estate Direct. In this week’s episode, we walk through some of the mid-year analyses of the good, the bad, and the unknown for each CRE property type while sprinkling in some updates from recent TreppWire stories. We also give insights on the discussion at this week's CREFC annual conference. Listen here.
Episode Notes:
Economic news(0:25)
Retail sales (3:57)
CREFC Confidential: CRE market conversation (10:02)
Good, Bad, & Unknown: Mid-Year Analysis (19:52)
Multifamily/apartment sector review (21:43)
Office uncertainty and headlines (25:01)
'Must-Know' of the we...2021-06-1848 min
ESG In Property PodcastWhy Socio-Economic Balance is Key to Property Industry Success.......A Masterclass for SME'sEpisode 23 - "Why Socio-Economic Balance is Key to Property Industry Success.......A Masterclass for SME's" with Jane Hollinshead from IJD Consulting.
This episode is an absolute masterclass in how to turn socio-economic disadvantage into an advantage for the property industry; delivered by one of the property industries leading experts - Jane Hollinshead. There is not much Jane has not done in the property industry, so it might be easiest to bullet point her remarkable career and expertise so you know to get out the pen and paper as her advice is priceless:
Currently the Director and P...2021-04-1349 min
The YieldCommercial Real Estate: Equity InaugurationIn today’s episode, Yieldstreet’s Commercial Real Estate team covers a plethora of topics, including a deep dive into equity. Melanie Alese, Investor Relations Lead at Yieldstreet, hosts Senior Director Mitch Rosen, Senior Associate Adil Hasan, and Real Estate Investments Associate Christophe Van for a discussion about the current state of residential and commercial real estate offerings heading into 2021, equity, and details of some of Yieldstreet’s newest offerings.Click here to subscribe and listen: https://podcasts.apple.com/us/podcast/the-yield/id1527659260Key Takeaways:[2:11] Commercial real estate takeaways from the CREFC-2021 confer...2021-02-1735 min
The TreppWire Podcast: A Commercial Real Estate Show56. A Look at Travel and Hospitality News, More Retail Closures, What’s to Come for 2021In this week's episode, the team reviews the impact (or lack thereof) of the Capitol news on financial markets. We also discuss the latest December CMBS delinquency numbers, travel and hospitality headlines, news in the office sector, and the recent retail closures. To close, we reminisce on past CREFC events and dive into what’s to come for the year ahead.
Episode Notes:
Capitol, election, financial market update (1:10)
December CMBS delinquency numbers (7:33)
Travel headlines (9:35)
Holiday spending numbers (13:19)
News for hotels (15:39)
New leases and corporate moves in the office sector (23:50)
Retail closure news this week (32:40)
The repurposing of malls and retail (37:40)
De...2021-01-0857 min
LIBORcastCREFC and the Trade Organization PerspectiveHow have trade organizations been addressing the impending LIBOR transition? In this episode, guests from the Commercial Real Estate Finance Council (CREFC) share what their bank and non-bank members have been saying about LIBOR, as well as what they are hearing from the CMBS servicer community. Original episode date: August 20, 2020 2020-11-1028 min
The Urban LabThe State of Commercial Real Estate FinanceLisa Pendergast, Executive Director of the Commercial Real Estate Finance Council (CREFC), joins Sam Chandan to discuss conditions in the commercial lending market, disparities in access to financing across property types, the rising volume of forbearance requests, positive signs for the market's capacity for new CMBS deal activity, and the role of the Term Asset-Backed Securities Loan Facility (TALF) and other interventions in bolstering liquidity.
Information about CREFC, the Borrower's Guide for Dealing with CMBS Servicers, and the Guide to COVID-19 Relief Programs are available at crefc.org.
For more information about the Urban Lab p...2020-05-1217 min
The Deal Junkies - Two Lawyers. Unscripted.Episode 19: CREFC 2019 Report, More Retail Closures, LIBOR Update and a New Co-HostWelcome to Episode 19 of The Deal Junkies with co-hosts, Rusty Fleming and Lee Hart. In this episode: Lee Hart joins the podcast as a new co-host Updates from CREFC 2019 held earlier this month in New York More Retail Closures – News on the latest round of retail closures and efforts to re-purpose and re-invent traditional shopping centers and malls The Fed takes a stronger position on the move away from LIBOR SunTrust and BB&T are sued over their new name – Truist Interested in being a guest on an upcoming episode? Contact Rusty at rusty.fleming@nelsonmullins.com or Lee...2019-06-2538 min
Take NotesConference Recap: CREFC 2019 And A Look Across The CMBS MarketNext stop on the conference train: CREFC. Host Jim Manzi talks leverage, lodging, retail, 2019 outlooks, and what we heard from issuers and investors at this year’s conference with CMBS analysts Jim Digney and Natalka Chevance.2019-01-3020 min
PropCast#14: Funding the Modular Construction Industry: Peter Cosmetatos & Rory O'HaganPeter Cosmetatos, CEO of CREFC Europe and Rory O'Hagan, director of Assael Architecture discuss the hesitation of lenders to fund modular construction and the future of the industry, hosted by Andrew Teacher2019-01-2310 minPropCast#14: Funding the Modular Construction Industry: Peter Cosmetatos & Rory O'HaganPeter Cosmetatos, CEO of CREFC Europe and Rory O'Hagan, director of Assael Architecture discuss the hesitation of lenders to fund modular construction and the future of the industry, hosted by Andrew Teacher2019-01-2310 minThe Deal Junkies - Two Lawyers. Unscripted.06: Know Your Market, Increase Productivity and the Junkie JunketWelcome to Episode 6 of The Deal Junkies. In this episode, we cover the following: Market trends and insights gained from CREFC 2017 and the 18th Annual US Real Estate Opportunity & Private Funds Investing Forum. Practice Tip of the Month - “Know Your Market”: David and Rusty discuss how to use market intel to win deals and make deals go smoother. Development Tip of the Month - Increase Productivity with The 30-Day Productivity Plan by Damon Zahariades. Upcoming stops on the Junkie Junket. 2017-07-1035 minThe Deal Junkies - Two Lawyers. Unscripted.05: Mid-Year Goal Checkup, Partnerships and Financing, and Respecting the ClosingWelcome to Episode 5 of The Deal Junkies. In this episode, we cover the following: Explaining how Public / Private Partnerships facilitate project finance and impact on the senior lender. Practice Tip of the Month - “Respect the Closing!”: David and Rusty discuss how to make the most memorable portion of the deal go smoothly. Development Tip of the Month - Mid-Year Goal Checkup: It’s time to assess progress on your annual goals. How to adjust and optimize the second half of your year. Updates from CREFC 2017. 2017-06-0624 min
Masterminds of BusinessKahlil Yearwood – MOB 003Show OverviewIn today’s show, Kahlil Yearwood discusses his journey to law school and then onto Dechert LLP. Furthermore, he tells about us the processes he used to advise Wells Fargo, on its recent purchase of commercial real estate loans valued at US$9 billion in the US, UK and Canada from GE Capital Real Estate as part of an overall transaction valued at approximately US$23 billion. Lastly, Kahlil tells us about several negotiation tactics, he uses on behalf of his clients.
Kahlil's Background
It’s the speed of his ascent that separates Dechert commercial real estate and financial attorney Kahlil Year...2017-03-0335 min