With over 100 years of combined experience, our advisors understand the defeasance process from the inside out. We help property owners and brokers navigate the intricacies of commercial real estate loan exiting.



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Addison McMillan

Managing Director

Joining the Waterstone team in 2014, Addison leads our Defeasance Closing Team and Business Development efforts in the Western U.S region. Currently operating out of our Orange County office in California,  Addison’s analytical and methodical instincts have made him a great asset to our team. He holds a B.S. in Business Administration with a minor in Accounting from North Carolina State University (Go Pack!). Upon graduation, he completed an entire through-hike of the Appalachian Trail. When not closing defeasance transactions, he can be found exploring everything Southern California has to offer.

Why I Choose Waterstone

I enjoy working at Waterstone because I truly believe we are shining light on a process often considered a “commodity” and sharing our findings with our clients to make sure they are getting the best price and execution on each and every transaction.

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