Lodging improved 441 bps (ESH-reltaed), but all other sectors worsened:
- MF worsened 20bps
- Industrial - 21 bps
- Office - 6bps
- Retail - 4bps
Trepp also notes the rally ran out of steam late in October, which is very true. Lofty levels were being hit as late as the third week, but Monday of the last week found a back up in bids. Today started off mixed with the NAIC loss forecasts being adjusted downward.