In this week's episode of The TreppWire Podcast, we examine the selective stabilization theme shaping CRE in 2026, with strong retail sales and pending home sales pointing to forward motion even as affordability still caps housing. We break down Blue Owl's $2.4 billion acquisition of Sila Realty Trust, dig into multifamily supply dynamics as the top 25 developers command a record share of starts, and cover New York City's $4 billion pension commitment to affordable housing. We walk through Trepp's latest CRE debt universe analysis, showing banks finally showing early signs of credit expansion. We then dedicate a deep dive to data centers, covering operational resilience, the emerging power stack, Meta's $1 billion Tulsa AI facility, Maine's new construction ban, and Google-linked data centers' record $5.7 billion junk bond. Tune in now.Episode NotesEconomic Update: Retail Sales & Pending Home SalesBlue Owl's $2.4B Sila Realty AcquisitionMultifamily Supply & the NMHC Top 25 Developer Shake-UpNYC Pension Fund's $4 Billion Affordable Housing BetCRE Debt Universe Update: Credit Growth & Banks Re-EnteringData Center 101: Operational Resilience Tiers & the Power StackMeta's $1 Billion AI Data Center in Tulsa, OklahomaMaine Bans Large Data Center ConstructionGoogle-Linked Data Centers' Record $5.7 Billion Junk BondMultifamily Deals: San Francisco, New Jersey, & St. Petersburg ForeclosureProgramming NotesShoutoutsQuestions or comments? Contact us at [email protected]. Follow Trepp: X: www.x.com/TreppWire LinkedIn: www.linkedin.com/company/trepp

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related