Send us a text

With Treasury yields marching upward, the podcast team dives into inflation, jobs, and big tech earnings data and what it means ahead of the presidential election. A lot has changed in the last 45 days as investor euphoria has recalibrated. The team also shares Q3 data from LightBox RCM, focusing on capital market and investment trends. And ‘Professor’ Manus gives us an education on CMBS losses with some doses of fact and fiction. Transactions covered this week have some surprises and a fair share of green shoots.

00:17 Economic Data and Treasury Yields

02:20 Inflation and Market Sentiment

08:49 Big Tech Earnings and AI Investment

13:19 Nuclear Energy “Reprise”

17:09 Lightbox Data Dive and Market Trends

31:46 Office Leasing and Sales Highlights

36:33 Environmental Due Diligence and Property Resilience

37:54 Chobani's New Headquarters and Social Impact

39:41 Halloween “Fun Size”

Send us a text

In this week’s podcast episode, Brian Olasov, Executive Director of Financial Services Consulting at Carlton Fields and Adjunct Professor of Real Estate Capital Markets at New York University Schack, joins the team to discuss the current state of the commercial real estate market. With the benefit of a historical perspective, Brian holds nothing back as he discusses today's market challenges, and why this recovery is not like the one from the Great Financial Crisis. He also explores the paradoxical situation banks find themselves in and the evolving role of private equity in shaping commercial real estate trends.

02:20 Flawed Forecasts and Contrary Indicators
10:58 Today's Lender's Market Conditions
15:40 The Snowplow Effect and Market Dynamics
21:54 Private Equity's Role in the Current Market
25:41 Data Centers: The New Investment Favorite
30:24 Managing Operating Expenses in a Challenging Market
32:18 Loan Servicing Industry's Capacity to Handle Distress

Send us a text

In 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 Federal Reserve

15:10 Private Equity and Regulatory Concerns

18:01 Insurance Challenges in Commercial Real Estate

20:49 Housing Policy and Government Support

24:03 Who’s Worried about the Federal Deficit?

26:53 Basel III and Banking Regulations

Send us a text

This week the team considers whether the Fed’s jumbo rate cut last month now seems ill-advised in the context of fresh inflation data that was warmer than expected and the September jobs report that showed a surge in job growth. This episode is chock full including LightBox data analysis assessing Hurricane Milton’s landfall with structures at risk; CRE appraisal trends for Q3; office leasing comps, and sales comps with one that sounds like ‘music’ to our ears. Plus, a deep dive into post-storm impact related to hazardous substances and contamination, emphasizing the need to assess these risks. Listen to the end for a clue about an immersive Times Square experience that’s coming.

02:58 Federal Reserve's Rate Decisions and Market Reactions

06:11 Impact of Natural Disasters on Real Estate

09:07 Environmental Risks and Post-Hurricane Assessments

11:48 Office Leasing Activity

17:59 Emerging Trends in Environmental Due Diligence

20:45 Appraisal Index and Market Snapshots

27:02 Sales Trends and Market Dynamics

Send us a text

Join Martha, Manus, and Dianne on this week’s episode of the CRE Weekly Digest as they dive into the impact of Hurricane Helene and the industry's move toward a Property Resilience Assessment to better measure environmental risk. The team also reveals the latest LightBox CRE Activity Index, which rose modestly in September, signaling growing confidence in the CRE market. Listen to the discussion about how the Fed policy shift has fueled an increase in property listings and due diligence activities, setting the stage for a strong fourth quarter. But the young recovery could go wobbly with recent macro events like the devastation from the hurricane, the (now suspended) port labor strike, and escalating conflict in the Middle East. There are also notable office lease stories and sales comps across property types that round out the week's news. The team dedicates this podcast to those impacted by Hurricane Helene and the emergency personnel responding to the post-hurricane recovery efforts.

00:00 Concerning Macro Events

02:55 Impact of Hurricane Helene

05:48 Climate Risk and Property Resilience Assessment

09:06 LightBox CRE Activity Index

15:11 Leasing Trends and Office Leasing

18:06 Sales Transactions and Market Highlights

Send us a text

Join Martha Coacher and Dianne Crocker on this week’s episode of the CRE Weekly Digest by Lightbox, featuring lending industry expert Candi Coleman. They discuss the top concerns among lenders and appraisers, assess current economic shifts impacting commercial real estate, and share the post-Fed rate cut takeaways from the CREW Network convention. Plus, hear why one industry titan has decided to “check out” of one of its well-known lodging brands.

00:59 Economic Data and Fed Rate Cut Impact

05:08 CREW Network Annual Convention Takeaways

05:47 Commercial Real Estate Forecast

08:59 Housing Market Update

12:09 Lightbox Data Dive: Q3 Appraisal Activity

15:01 Appraisal and Lending Market Trends

17:50 San Francisco Office Market

24:00 Blackstone “Checks Out” of Motel 6

Send us a text

In this special edition of the CRE Weekly Digest by Lightbox, Martha, Manus, and Dianne discuss the implications of the Fed's 50 basis-point rate cut. What are some of the immediate and long-term effects on commercial real estate as the market shifts into this easing cycle? The team details the tailwinds for bank lending, private equity, developers, and brokers, as well as the broader U.S. economy. But there are some areas of concern to watch for. Find out where those pockets of risk remain.

01:01 Market Implications of the Rate Cut

03:51 Paradox of the Rate Cut

12:47 Impact on Banks and Lending

18:02 Owners and Brokers

19:58 Developers and Investors

21:50 Predictions on Distress Levels

Send us a text

In this week’s episode, Martha, Manus, and Dianne explore why recent data on inflation, jobs, and the consumer economy are tempering CRE market enthusiasm, even with expected Fed rate cuts. Plus, the team offers a look at LightBox data which reveals promising signs for the Q3 2024 Appraisal Index and what that may mean in the following months for CRE participants.

0:10 Economic Policy Predictions

9:00 Market Sentiment and CRE Outlook

12:50 LightBox Data Dive: Appraisal Activity

17:31 From the Field

25:35 Who’s Fighting for Office Space?

32:15 9/11 Anniversary Tribute

Have questions for the podcast team? Send them to podcast@lightboxre.com