This week, we've had no lack of news including ADP, JOLTS, NYCB’s $1 billion-plus capital injection, and Fed Chair Powell’s semi-annual congressional testimony. In this episode, we break down what it all means for CRE, dive into CMBS loan losses, and share stories on apartment sales, office crabgrass, and retail green shoots. Tune in now.

Episode Notes:- Economic update (0:23)- CMBS loan losses (8:10)- Not all class b/c offices are created equal (11:59)- Office crabgrass (16:20)- Property valuations (21:25)- Multifamily sales (28:03)- Retail green shoots (35:40)- Shoutouts (41:11)

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