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, […]
2023 will resemble many actions like in the water cycle, circulation and volatility in weather and markets, evaporation in equity from higher interest rates and rising cap rates. Capital will be available just as precipitation in the water cycle but how much dry powder will be the big question. Economic Overview: As the Federal Reserve […]
Commercial Real Estate Overview Federal Reserve Chair Jerome Powell signaled that the central bank is likely to slow the pace of rate increases to 50 bps in December after this week’s 75 bps hike, according to Goldman Sachs Research. The funds rate is likely to rise to a higher peak than policymakers had previously projected. […]
Waterstone Defeasance recently closed a defeasance transaction of an original $2.8 Million CMBS loan, secured by a self-storage property in Shallotte, NC. 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 on a defeasance transaction for a $2.7 Million CMBS loan, secured by a self-storage property located in Portage, MI. Waterstone guided the owners through the defeasance process coinciding with the owners’ sale of their property, terms were undisclosed. “Waterstone continues to deliver a high level of expertise for our clients, […]
Waterstone Defeasance recently closed a defeasance transaction for a $4.7 million CMBS loan, secured by an un-anchored retail property in Gardena, CA. Waterstone guided the owners through the defeasance process coinciding with the owners’ sale of their property. “Retail properties continue to trade during these challenging times, location, location, location. Owners continue to reposition […]
Waterstone Defeasance recently closed a defeasance transaction on a $4 million CMBS loan, secured by a mix-used property in Elon, NC. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their property. “Mixed-use properties with retail & office continue to trade in secondary markets within college-town radius, lower interest rates […]
Waterstone Defeasance recently closed a defeasance transaction on a $19.2 million FreddieMac loan, secured by a multifamily property in Overland Park, KS. 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 low cap rates and lower interest rates, owners […]
Waterstone Defeasance recently closed a defeasance transaction of an original $7.2 Million Corporate Trust loan, secured by a CVS-Pharmacy in Naples, FL. 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, retail properties continue to […]
Raleigh, NC: Waterstone Defeasance recently closed a defeasance transaction of an original $4 Million CMBS loan, secured by a self-storage property in Noblesville, IN. 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, industrial/flex space properties […]