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Podcast: The TreppWire Podcast: A Commercial Real Estate Show
Episode: 332. Jobs Jitters, Jamie Dimon's Warning, Wells Fargo Unleashed, NYC Office Market Revival, & Green Shoots Across Sectors
Description: In this week's episode of The TreppWire Podcast, we discuss the weak ADP jobs report and Jamie Dimon's stark warning about potential bond market cracks. We analyze the Fed's lifting of Wells Fargo's asset cap after seven years and home equity line of credit (HELOC) exposure. We discuss two significant office acquisitions including Blackstone's $850 million CMBS financing for a Manhattan tower acquisition and Tishman Speyer's first office purchase since 2019. We touch on a recent CBRE analysis on office conversions and demolitions exceeding new construction, and how the Chrysler Building is up for sale for the first time in nearly t...