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 […]
Waterstone Defeasance recently closed on a defeasance transaction for a $3.5 Million CMBS loan, secured by a self-storage property located in San Antonio, TX. 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 […]
Waterstone Defeasance recently closed a defeasance transaction on a $8.7 million FreddieMac loan, secured by a multifamily property in Hot Springs, AR. 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 $4.7 Million CMBS loan, secured by a self-storage property located in Atlanta, GA. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their property, terms were undisclosed. “Waterstone continues to deliver a high level of expertise for our clients, self-storage […]
Waterstone Defeasance recently closed a defeasance transaction on a $2.7 million FreddieMac loan, secured by a multifamily property in Cincinnati, OH. 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 are […]
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 […]
Waterstone Defeasance recently closed a defeasance transaction on a $6.1 million FreddieMac loan, secured by a multifamily property in Southgate, KY. 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 are […]
Waterstone Defeasance recently closed a defeasance transaction on a $11.8 million FreddieMac loan, secured by a multifamily property in Columbus, OH. Waterstone guided the owners through the defeasance process coinciding with the owners’ sale of their property. “Apartment financing continues to drive the defeasance market, with lower cap rates despite higher interest rates, owners are […]
Commercial Real Estate Overview: As expected the Fed increased the Fed Funds Rate 50 basis points (pbs), for a combined 425 bps of tightening’s in 2022, it is now forecast the rate to go above 5% during 2023 with 3 more hikes likely. The Fed moderated its aggressive tightening while still signaling to the market […]
Waterstone Defeasance recently closed a defeasance transaction on a $28.7 million FreddieMac loan, secured by a multifamily property in Greensboro, NC. Waterstone guided the owners through the defeasance process coinciding with the owners’ sale of their property. “Apartment financing continues to drive the defeasance market, with low cap rates and lower interest rates, owners are […]