Danielle DiMartino Booth

ICYMI

“Pickings have been slim for investors looking to buy distressed property at cheap prices…Lenders extended/modified loans to avoid taking a loss… But recently, troubled assets have hit market. In Q2, 4.7% of multifamily deals were distressed sales, up from 1.5%” in Q2 2025.

Bad hair days?

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“Syndicator firms that went big on multifamily during the pandemic are now barely afloat” Move-in fees have sunk 28.2% YoY even as @realtordotcom reports August saw 37th straight YoY rent decline. Apartment values fell ~3.5% MoM & are >20% below their 2022 peak @newsgreenstreet

Won’t be the last of these we see. It reminds us of the perils of Too Low for Too Long monetary policy.

Read The Weekly Quill Now — The Fed Blows Its Lead into the Fourth Quarter https://t.co/oWJCBQghEC #federalreserve #interestrates #kevinwarsh #dimartinobooth #economy https://t.co/pIAx1Tu8Fh

Read The Weekly Quill Now — The Fed Blows Its Lead into the Fourth Quarter https://t.co/ZZJi3C4BSi #federalreserve #interestrates #kevinwarsh #dimartinobooth #economy https://t.co/8eucm5hFtj

And if we invert?

Why let facts disturb a perfectly choreographed narrative inhaled by uniformed masses drinking @tiktok_us Kool-aid? Fact: US Treasuries can be bought by those draped in drag, especially when said buying is funneled through dark off-shore entities #TradeTheNarrativeOwnTheTrurh

August @TreppWire show large maturity defaults pushed CMBS SS rate higher post July’s decline…increased 33 bps to 11.4% to Feb 2013 high. New transfers hit $3.2B across 32 whole loans, ~2x July total. Loans cured/returned to master servicing/paid off=$500M across 14 whole loans.

Are your listening ears ON?

My Lone Star State.

The way I read this, someone is quite possibly chasing a chimera.

It IS INDEED Constitution Day. I've always embraced that aspect of my life. It is the epicenter of what made & will continue making this country great. May we all celebrate the Constitution today, w/us since 1787 as the world's oldest codified constitution grounded in DEMOCRACY.

I joined ‘Bloomberg Surveillance’ to discuss today's Fed announcements — listen in now https://t.co/zuJljkfEL4 #federalreserve #dimartinobooth #kevinwarsh #economy https://t.co/yowNgkhw4N

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"small business bankruptcies are up 64% YoY through August, more than 200 companies have closed every month for five months running, and…" https://t.co/7K4xFjYqdJ #federalreserve #FOMC #interestrates #dimartinobooth #kevinwarsh #economy https://t.co/ogTMrvg9se

My take on today's rate Hike with #charlespayne of FBN https://t.co/P85og0wN10 #federalreserve #FOMC #interestrates #dimartinobooth #kevinwarsh #economy https://t.co/dqugvBrjqo

My take on the Fed moves with Fintech TV ‘Morning Movers’ https://t.co/1qcuy9PqUa #fintech #federalreserve #interestrates #dimartinobooth https://t.co/N3BVJ4nrdT

How's @Lennar feel about removing just a "dose of accommodation" after reporting earnings w/a HT to @AdamJJosephson? Revenue $8.05B vs FactSet $8.32B New orders down 9%, to 20,879 homes YoY Backlog 16,857 homes w/dollar value of $6.3B Deliveries decreased 3%, to 20,840 homes YoY

I joined ‘Bloomberg Surveillance’ to discuss today's Fed announcements — listen in now https://t.co/GlqoOGkshH #federalreserve #dimartinobooth #kevinwarsh #economy

My take on the Fed moves with Fintech TV ‘Morning Movers’ https://t.co/vaPW53tz4i #fintech #federalreserve #interestrates #dimartinobooth https://t.co/mq9eHOuRk0

I will be speaking at the 52nd Annual NOIC — Register now to have a seat at the table! October 28-31 — https://t.co/3xQUFaGFsi #NOICconference #NewOrleansInvestmentConference #federalreserve #dimartinobooth #economy https://t.co/jKBN58vq3G

I will be speaking at the 52nd Annual NOIC — Register now to have a seat at the table! October 28-31 — https://t.co/BfEur7xUP7 #NOICconference #NewOrleansInvestmentConference #federalreserve #dimartinobooth #economy https://t.co/qkawwKPxBK

I don’t expect Warsh to communicate much as he’s smarting from being seen as folding on forward guidance at Jackson Hole. And recall, we’re refinancing government debts increasingly at the short end.

“Buyers paying increasingly large premiums for certainty of supply, while China’s entire energy strategy reveals how valuable alternative routes become when traditional chokepoints unreliable. Real macro risk: Higher delivered energy costs colliding w/economy losing momentum.”

Truth bomb disputing conventional wisdom that’s as easy to believe as any @tiktok_us video “Bianco’s charts prove expectations changed. They do not prove the Fed caused that change, that keeping rates higher would have produced a better economy or that hiking now would fix it”

MORE TRUTH. If you don’t follow @onechancefreedm you’re imbibing in superficial analysis. “Job postings are not hires. Indeed notes listings can remain online after jobs filled. JOLTS shows disconnect. July job openings were ~2.6% higher YoY while actual hires were ~3.3% lower.”

They do have to get invited back somehow @TonyNashNerd