Economic Overview: The US economy has performed better than expected through the first part of the year, with 1Q GDP growth up an estimated 3.25%. This has largely been driven by consumer spending – which drives nearly two thirds of economic activity – amid a backdrop of rising wages, moderating inflation and $1.2 trillion of […]
Waterstone Defeasance recently closed on a defeasance transaction for a $5.7 Million CMBS loan, secured by a self-storage property located in Indian Harbour Beach, FL. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their property. “Waterstone continues to deliver a high level of expertise for our clients, self-storage properties […]
Waterstone Defeasance recently closed a defeasance transaction of an original $17.8 Million CMBS loan, secured by a Hotel in Traverse City, MI. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their loan. “Waterstone continues to deliver a high level of expertise for our clients, hotel properties continue to be […]
Economic Overview: Markets are assessing the timing and odds of recession and are increasingly optimistic that a soft-landing scenario is plausible based on surprisingly strong domestic data, China re-opening, and Euro-zone resilience. Soft-landing, hard-landing, or no-landing—remains to be seen, but the latest wave of domestic data suggests the Fed has more work to do to […]
Waterstone Defeasance recently closed a defeasance transaction for a $140 million CMBS loan, secured by an office property located in Chicago, IL. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their property. “Waterstone continues to deliver a high level of expertise for our clients, office properties continue to see […]
Waterstone Defeasance recently closed a defeasance transaction on a $60 million FreddieMac loan, secured by a multifamily property in New York, 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 […]
Waterstone Defeasance recently closed on a defeasance transaction for a $16.3 Million CMBS loan, secured by a self-storage property located in Houston, TX. Waterstone guided the owners through the defeasance process coinciding with the owners’ sale of their property. “Waterstone continues to deliver a high level of expertise for our clients, self-storage properties continue to […]
Waterstone Defeasance recently closed on a defeasance transaction for a $16 Million CMBS loan, secured by a self-storage property located in Liverpool, NY. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their property. “Waterstone continues to deliver a high level of expertise for our clients, self-storage properties continue to […]
Waterstone Defeasance recently closed a defeasance transaction for a $10 million CMBS loan, secured by an office property located in San Diego, CA. Waterstone guided the owners through the defeasance process coinciding with the owners’ sale of their property. “Waterstone continues to deliver a high level of expertise for our clients, office properties continue to […]
Waterstone Defeasance recently closed a defeasance transaction on a $22 million FreddieMac loan, secured by a multifamily property in Takoma Park, MD. 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 […]