A defeasance clause in real estate is a provision in loan agreements that defines how a borrower can satisfy the lender's requirements in order to release their lien on the property. This clause can ...
Every borrower looking to refinance an existing commercial real estate loan or sell a property encumbered by one needs to consider how to release its existing financing. Commercial loan documents ...
Defeased securities are debt instruments backed by cash or low-risk assets, neutralizing their impact on the issuer's balance ...
Janell Otis fixed-rate, conduit/commercial mortgage-backed securities, HUD Defeasance is the preferred form of call protection for fixed-rate conduit/commercial mortgage-backed securities (CMBS) loans ...
In our WSJ op ed, Alex Pollock and I suggested that the mortgage defeasance process might require direct government involvement to manage mortgage defeasance accounts by, for example, the U.S.
Defeasance probably isn’t a word you hear used in everyday conversation. When you’re buying a home, though, it’s important to know what it means — it refers to terminating something, or rendering it ...
KENNETT SQUARE, Pa., July 27 /PRNewswire/ -- Chatham Financialannounced today that it has assisted JER Partners in the defeasance of 3loans, with original loan amounts in excess of $244 million, ...
Some consider "defeasance" a dirty word in the commercial mortgage world but it could be an excellent opportunity for borrowers to pay off their conduit loans early and take advantage of the current ...
GREENSBORO, N.C., March 5 /PRNewswire/ -- Commercial Defeasance, LLCrecently facilitated a $21,800,000 multi-property defeasance transactionfor HVM Management Company, Inc. based in Greensboro, North ...
CHARLOTTE, N.C., Feb. 05, 2018 (GLOBE NEWSWIRE) -- Waterstone Defeasance recently closed a defeasance transaction for a $17 million CMBS loan, secured by a suburban office property located in Mountain ...
CHARLOTTE, N.C., Oct. 24, 2017 (GLOBE NEWSWIRE) -- Waterstone Defeasance recently closed a defeasance transaction for a $10 million CMBS loan, secured by an urban office property located in Sunnyvale, ...