As the commercial real estate industry continues to adjust to a rising interest rate environment, CRED iQ examined the latest trends in defeasance activity. Reports of defeasance requests have trended higher in recent months. Generally, in a low-rate environment defeasance is an opportunity for borrowers to take advantage of refinancing existing debt at a comparatively lower […]
Waterstone Defeasance, Closes on a $12.1 Million FreddieMac Loan Raleigh, NC: Waterstone Defeasance recently closed a defeasance transaction for a $12.1 million FreddieMac loan, secured by a multifamily property in Newport News, VA. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their property. As the defeasance consultant, Waterstone managed […]
Waterstone Defeasance Closes on a $5.3 Million CMBS Loan Waterstone Defeasance Closes on a $5.3 Million CMBS Loan Raleigh, NC: Waterstone Defeasance recently closed a defeasance transaction for a $5.3 million CMBS loan, secured by a limited-service hospitality property located in Palm Springs, CA. Waterstone guided the owners through the defeasance process coinciding with the […]
Waterstone Defeasance Closes on a $5.5 Million CMBS Loan Raleigh, NC: Waterstone Defeasance recently closed a defeasance transaction for a $14.1 million CMBS loan, secured by a Walgreen’s property located in Birmingham, AL. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their loan. As the defeasance consultant, Waterstone managed […]
Waterstone Defeasance, Closes on a $5 Million CMBS Loan Raleigh, NC: Waterstone Defeasance recently closed a defeasance transaction for a $5 million CMBS loan, secured by a multifamily property in Montclair, NJ. Waterstone guided the owners through the defeasance process coinciding with the owners’ sale of their property. As the defeasance consultant, Waterstone managed the […]
CHARLOTTE, NC: Waterstone Defeasance recently closed a defeasance transaction for a $22.0 million Freddie Mac loan, secured by a multifamily property in Glen Burnie, MD. Waterstone guided the owners through the defeasance process coinciding with the owners’ sale of their property. As the defeasance consultant, Waterstone managed the activities of the numerous parties involved with […]