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1. High-end department stores Neiman Marcus and Saks Fifth Avenue are combining under Hudson Bay Company’s $2.65B acquisition. HBC is Saks’ owner. Saks Global, the new company created by the merger, will now manage a real estate portfolio of approximately how much?
Source: https://infabode.com/post/1035919?token=8b74a527ab9427d2fee6a95658851106-1721150364143197&from=openPost

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2. Construction spending on data centers (buildings that house computing structures for IT systems) has been increasing rapidly from May 2023 to May 2024. Despite all this spending, the demand remains higher than the supply, as absorption figures were colossal. Data-center capacity is measured in ________, as opposed to physical space dimensions. The new demand surge has been driven by the _______ industry.
Source: The Rundown- July 22, 2024. The TreppWire Podcast

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3. For 20 million rental units, Biden wants to limit rent increases to 5%, targeting landlords with 50+ units. With a Republican House, it is going to be tough to get this proposal across in Congress. What is the CRE industry’s sentiment in relation to the rent caps?
Source: CRE Daily – July 16th, 2024. CRE Daily

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4. Recently, a survey of CREFC Council members was conducted, yielding telling trends. 46 Bankers, investors, service providers, and REIT executives took part. 61% of respondents believe which candidate would have a better effect on CRE finance?
Source: Commercial Mortgage Alert - July 19th, 2024. Commercial Mortgage Alert. A Green Street News Title

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5. Per Trepp's Anonymized Loan-Level Repository (T-ALLR) data set, criticized loans are bank loans that have a risk rating of 6 or higher. A risk rating of 1 means it has the lowest probability of default; a risk rating of 9 means the loan is in default. After starting with a less than 5% criticized loan rate in Q1 of 2019, which tri-city office property grouping has had their OCLR climb to almost 50% in Q1 of 2024?
Source: https://www.trepp.com/trepptalk/bank-cre-loan-performance-in-q1-2024-signals-rising-risks-lenders-investors-criticized-loan-trends

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6. The bond market has been experiencing some of the CRE “meltdown." Single asset, single borrower (SASB) bonds have hit a default rate of 8.7%. The most shocking part is that many of these bonds were originally rated ________ bonds.
Source: https://www.wsj.com/finance/investing/commercial-real-estate-mortgage-bond-defaults-eaa258bc

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7. In the first half of 2024, the CMBS Loan market saw a big increase in loan volume as compared with the same period in 2023. Which of the following banks did not have at least 10% of the market share in terms of total loan dollars issued?
Source: CRE Daily – July 24th, 2024. CRE Daily

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8. Throwback to… Summer Edition 1: News You Can Use. Large department store reductions and closings create issues for neighboring retail stores. Though the larger tenant or "box store" isn’t necessarily located on the same tax parcel or owned by the same landlord, the smaller center still relies on foot traffic from the "box store." The "box store" is known as which of the following?

T