Economic Overview: U.S. consumer prices increased more than expected in March as Americans continued to pay more for gasoline and rental housing, leading financial markets to anticipate that the Federal Reserve would delay cutting interest rates until September. The third straight month of strong consumer price readings reported by the Labor Department on Wednesday also […]
Waterstone Defeasance recently closed a defeasance transaction for a $31 million CMBS loan, secured by a retail property in Lake Zurich, IL. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their property. “Retail properties continue to trade during these challenging times, location, location, location. Owners continue to reposition retail […]
Waterstone Defeasance recently closed a defeasance transaction for a $3.6 million CMBS loan, secured by a retail property in Sunnyvale, TX. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their property. “Retail properties continue to trade during these challenging times, location, location, location. Owners continue to reposition retail properties […]
Waterstone Defeasance recently closed a defeasance transaction of an original $7.1 Million CMBS loan, secured by a Hotel in Beaumont, TX. Waterstone guided the owners through the defeasance process coinciding with the owners’ sale of their loan. “Waterstone continues to deliver a high level of expertise for our clients, hotel properties continue to be the […]
Waterstone Defeasance recently closed a defeasance transaction on a $22.2 million FreddieMac loan, secured by a multifamily property in Chester, VA. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their property. “Apartment financing continues to drive the defeasance market, with lower cap rates despite higher interest rates, owners are […]
Economic Overview: The resilience of the U.S. economy really has been remarkable when you consider how much consumer prices have gone up and how aggressively the Federal Reserve has raised interest rates, this according Capital Group U.S. economist Jared Franz. Also, according to Franz – It is a testament to the American consumer and labor market […]
Waterstone Defeasance recently closed a defeasance transaction on a $2.2 million FreddieMac loan, secured by a multifamily property in Cincinnati, OH. Waterstone guided the owners through the defeasance process coinciding with the owners’ sale of their property. “Apartment financing continues to drive the defeasance market, with lower cap rates despite higher interest rates, owners are […]
Waterstone Defeasance recently closed a defeasance transaction on a $26.9 million FreddieMac loan, secured by a multifamily property in Cheektowaga, NY. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their property. “Apartment financing continues to drive the defeasance market, with lower cap rates despite higher interest rates, owners are […]
Waterstone Defeasance recently closed a defeasance transaction for a $26.6 million CMBS loan, secured by a retail property in Mendham, NJ. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their property. “Retail properties continue to trade during these challenging times, location, location, location. Owners continue to reposition retail properties […]
Waterstone Defeasance recently closed a defeasance transaction for a $15.8 million CMBS loan. The loan was secured by a portfolio consisting of industrial and warehouse properties in San Antonio, TX. Waterstone guided the owners through the defeasance process coinciding with the owners’ sale of one of the properties and the refinancing of the loan for […]