Episode 105. Uptick in Hotel Activity, Scariest Macro Issues, Near-Record Issuance Levels

Near term market outlook is positive but elevated prices, supply chain problems, a shortage of workers, and the Delta Variant are creating uncertainty. In this week's episode of The TreppWire Podcast, we discuss the scariest macroeconomic issues in terms of impact on commercial real estate. Darren King, Trepp’s Head of CMBS joins us to discuss the almost-record CMBS issuance and explains what is happening in the conduit market. We then dive into the latest hotel activity stories and review hotel losses from the last decade.

Episode Notes:

• Market news (0:25)
• What is the scariest macro issue for CRE? (5:40)
• CMBS and CRE CLO issuance update (13:43)
• What can supply the conduit pipeline going forward (18:30)
• An uptick in hotel activity (24:06)
• Hotel losses in the last decade (34:37)
• Shoutouts (43:00)

Leveraging Trepp’s market expertise and proprietary data sets, The TreppWire Podcast enables listeners to stay up-to-date on all things commercial real estate, structured finance, and banking. 

Featuring Trepp subject matter experts and guests from across the industry, the weekly podcast explores how recent events have impacted both the markets and the daily lives of market participants. Questions or comments? Please contact us at podcast@trepp.com.