399. The Apex of CapEx? AI Sticker Shock, Data Center Delays, REIT 101, & Sports-Driven CRE

About this episode

The episode discusses economic resilience, AI costs, data center delays, and sports-related commercial real estate developments.

In this week’s episode of The TreppWire Podcast, we break down macro data pointing to a resilient economy, with Institute for Supply Management (ISM) PMIs at multi-year highs, but employment components still in contraction and the Fed firmly on hold. We dig into corporate AI sticker shock, including one company's reported $500 million monthly bill, and discuss whether data center build-out delays could slow the CapEx engine driving the economy. We then cover sports and CRE: underwhelming World Cup hotel demand, the Mavericks' planned arena at the Valley View Mall site, Samsung's HQ move to Plano, and how Midtown has transformed since the Knicks' last Finals run. To close, we do a Real Estate Investment Trust (REIT) 101 and introduce Trepp's new REIT IQ tool. Tune in now. Episode notes: • Economic Update • AI Sticker Shock & Corporate AI Spending • Data Center Build-Out Delays • Trepp MCP & AI Use Cases • World Cup Hotel Demand Underwhelms • Dallas Mavericks’ Valley View Arena & Dallas Stars’ Move to Plano, TX • Samsung HQ Relocation to Plano, TX • Knicks & Midtown’s Transformation • REIT 101 & Trepp’s REIT IQ Tool • Programming Notes • Shoutouts Questions or…

Topics covered

• economic update
• AI sticker shock
• data center delays
• sports-driven CRE
• REIT 101

Keywords

• CapEx
• PMIs
• corporate AI
• hotel demand
• real estate investment trust

Mentioned in this episode

Organizations: Institute for Supply Management, Dallas Mavericks, Samsung, Trepp

Products: REIT IQ tool

Places: Valley View Mall, Plano, Midtown

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