In this episode, we explore the latest trends in commercial real estate, including rising multifamily mortgage delinquencies reported by the Mortgage Bankers Association. We discuss Mayor Michelle Wu's agreement on commercial property taxes in Boston and JPMorgan's appointment of Michelle Herrick as the new head of CRE lending. Additionally, we analyze a significant office complex sale in East Bay that defies market trends, providing insights into the evolving landscape of commercial real estate and what it means for investors and property owners.Sources:https://getfea.com/end-use/commercial-real-estate-and-multifamily-mortgage-delinquencies-trend-higher-in-q3https://www.connectcre.com/stories/wu-business-groups-reach-agreement-on-commercial-property-taxes/https://www.commercialsearch.com/news/jpmorgan-taps-new-leader-for-cre-lending/https://www.mercurynews.com/2024/10/23/walnut-creek-east-bay-office-property-build-develop-real-estate-economy/Outline:(00:00:00) Introduction(00:00:41) Commercial Real Estate and Multifamily Mortgage Delinquencies Trend Higher in Q3 - Forest Economic Advisors, LLC(00:03:43) Wu, Business Groups Reach Agreement on Commercial Property Taxes(00:06:18) JPMorgan Taps New Leader for CRE Lending(00:09:10) Big East Bay office hub is bought for top dollar, defying market woes