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 […]
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 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 […]
Raleigh, NC: Waterstone Defeasance recently closed a defeasance transaction for a $14.1 million CMBS loan, secured by a multi-family property located in Fairborn, OH. 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 $24.8million Freddie Mac loan, secured by a multifamily property in Panama City Beach, FL. 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 […]
CHARLOTTE, NC: Waterstone Defeasance recently closed a defeasance transaction for a $21.7 million CMBS loan, secured by a retail property located in Warwick, NY. 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 $39.5 million CMBS loan, secured by multiple retail properties. 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 order to […]
CHARLOTTE, NC: Waterstone Defeasance recently closed a defeasance transaction for a $5.4 million CMBS loan, secured by a retail property located in Baltimore, MD. 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 $19.6 million CMBS loan, secured by a multifamily property located in Bloomington, MN. 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 […]