CHARLOTTE, NC: Waterstone Defeasance recently closed a defeasance transaction for a $5.9 million CMBS loan, secured by a multifamily property in Kentucky. 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 the transaction in […]
CHARLOTTE, NC: Waterstone Defeasance recently closed a defeasance transaction for a $10 million CMBS loan, secured by a mixed use property in California. 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 the transaction […]
CHARLOTTE, NC: Waterstone Defeasance recently closed a defeasance transaction for a $7.1 million CMBS loan, secured by a Retail Property in Virginia Beach, VA. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their loan. As the defeasance consultant, Waterstone managed the activities of the numerous parties involved with the […]
CHARLOTTE, NC: Waterstone Defeasance recently closed a defeasance transaction for a $1.3 million CMBS loan, secured by a multifamily property in Michigan. 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 the transaction in […]
CHARLOTTE, NC: Waterstone Defeasance recently closed a defeasance transaction a $6.9 million CMBS loan, secured by a multifamily property in North Carolina. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their loan. As the defeasance consultant, Waterstone managed the activities of the numerous parties involved with the transaction in […]
The cost to defease a CMBS loan has gotten more expensive due to Brexit uncertainty and a flight to quality. Since most CMBS loans being defeased now are maturing within a couple of years, the cost is more correlated with short-term yields. As yields rise the cost to defease is cheaper, however as they drop […]
CHARLOTTE, NC: Waterstone Defeasance recently closed a defeasance transaction involving five conduit loans totaling $64.1 million, secured by five multifamily properties in Georgia and Florida. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their loans. As the defeasance consultant, Waterstone managed the activities of the numerous parties involved […]