About this episode

This episode discusses the impact of rising Middle East tensions on the commercial real estate market and financial indicators.

In this week’s episode of The TreppWire Podcast, we examine rising Middle East tensions following US-Israeli strikes on Iran, including Iranian drone damage to Amazon data centers in the Gulf, and the ripple effects on oil prices and the 10-year Treasury. We cover the reversal of the 10-year Treasury back above 4%, rising oil prices, and record redemption requests at Blackstone's private credit fund. We review Trepp's February CMBS delinquency data, take a deep dive into the surging CRE CLO market, and break down $7.6 billion in SASB AAA downgrades. We close with a trading alert on the Minneapolis City Center loan and Target's surprise lease buyout. Tune in now. Episode notes: • Economic Update: Labor Data, Middle East Conflict & Ides of March Superstition (1:14) • Iranian Drone Strikes on Amazon Middle East Facilities (15:35) • Treasury Yields & Oil: Market Reaction to Gulf Conflict (18:55) • Blackstone Private Credit Fund: Record Redemptions & Liquidity Response (22:05) • CMBS Delinquency Report: Rate Declined, Led by Large Office & Retail Loan Extensions (26:19) • CRE CLO Market: Record 2026 Issuance Pace (33:21) • SASB Ratings Migrations & SF Office Losses…

People in this episode

Host: The TreppWire Podcast

Topics covered

• Middle East tensions
• CRE CLO market
• CMBS delinquency
• oil prices
• Treasury yields
• Blackstone private credit fund

Mentioned in this episode

Organizations: Trepp, Blackstone, Target

Places: Middle East, Iran, Amazon

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