Waterstone Defeasance recently closed a defeasance transaction of an original $16.5 Million CMBS loan, secured by a Hotel in Brownsville, TX. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their loan. “Waterstone continues to deliver a high level of expertise for our clients, hotel properties continue to be the […]
Waterstone Defeasance closed a defeasance transaction on a $13 million FreddieMac loan, secured by a multifamily property in Waterloo, IL. Waterstone guided the owners through the defeasance process coinciding with the owners’ refinance of their property. “This Assisted Living property was approaching the open period; we had the benefit of working with a sophisticated asset […]