In this week's episode of The TreppWire Podcast, we break down the Fed's unanimous 25-basis-point hike, its first increase in three years, and what a 10-year Treasury above 5% means for CRE when oil, not demand, is driving inflation. We cover a robust retail sales report, businesses struggling to set prices, and new termination risk in GSA leases from anti-DEI provisions. We dig into new Trepp research on $6.6 billion of industrial CMBS exposure tied to Amazon and FedEx, including FedEx lease rollover ahead of loan maturity. We also discuss Hines and Rialto's $1.1 billion office credit fund, a partial office-to-residential conversion in Lower Manhattan, a major LA office extension, a Manhattan office transfer to special servicing, and new data center and retail deals. Tune in now. Episode notes:(00:00) Intro & Economic Update(22:38) Federal Government Lease Risk(27:37) Hines & Rialto $1.1B Office Fund(30:22) Amazon & FedEx Industrial Exposure(41:04) Office: Conversion, Extension & Transfer(49:10) Data Center & Retail Deals(54:25) Programming Notes(56:27) ShoutoutsQuestions or comments? Contact us at [email protected]. Follow Trepp: X: www.x.com/TreppWire LinkedIn: www.linkedin.com/company/trepp

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

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