In this week's episode of The TreppWire Podcast, we break down the latest inflation data, analyze Federal Reserve Chair Jerome Powell’s message, and explore shifting Fed expectations while assessing what all this means for market uncertainty ahead. We unpack the consumer impact of the US-China trade war, even as retail sales exceed forecasts. In financial markets, we dive into balance sheet loan spreads from Trepp’s weekly spread survey and examine Q1 2025 bank earnings. Turning to the property stories of the week, we share two trading alerts on mall loan defaults while also spotlighting an encouraging refinancing deal. We end the episode with several other CRE transactions, including several multifamily and mixed-use stories. Tune in now.

Episode Notes

• Economic Update: Inflation, Fed & Trade (2:09)
• Retail Sales Stronger than Expected (11:33)
• Balance Sheet Loan Spreads Data: Trepp-i (14:55)
• 1Q25 Bank Earnings (20:18)
• Trading Alerts: Mall Loans (26:12)
• Houston Galleria Mall Refinanced (30:16)
• Mixed-Use: Times Square Plaza Appraisal Value Slashed (36:42)
• Multifamily: Apartment Transactions (37:56)
• Programming Notes (40:44)
• Shoutouts (44:19)

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