Waterstone Defeasance recently closed a defeasance transaction on a $9 million FreddieMac loan, secured by a multifamily property in Austin, TX. 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 […]
Economic Overview: The US economy has performed better than expected through the first part of the year, with 1Q GDP growth up an estimated 3.25%. This has largely been driven by consumer spending – which drives nearly two thirds of economic activity – amid a backdrop of rising wages, moderating inflation and $1.2 trillion of […]
Economic Overview: Markets are assessing the timing and odds of recession and are increasingly optimistic that a soft-landing scenario is plausible based on surprisingly strong domestic data, China re-opening, and Euro-zone resilience. Soft-landing, hard-landing, or no-landing—remains to be seen, but the latest wave of domestic data suggests the Fed has more work to do to […]
Waterstone Defeasance recently closed a defeasance transaction on a $60 million FreddieMac loan, secured by a multifamily property in New York, NY. 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 a defeasance transaction on a $22 million FreddieMac loan, secured by a multifamily property in Takoma Park, MD. 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 […]
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, […]
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 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 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 […]
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