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 […]
The runway is looking like its clearing up for the Federal Reserve Bank to execute on their first ever soft landing. However the economic storms and its indicators may come into play as the Fed continues to check its instruments. Economic Overview: The start of 2023 has seen the continued spillover of volatility from 2022, […]
Waterstone Defeasance recently closed a defeasance transaction on a $28.3 million FreddieMac loan, secured by a multifamily property in Colorado Springs, CO. 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 […]