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Waterstone Closes a $5.65 Million CMBS Loan on a Lodging Property in South Carolina

CHARLOTTE, NC: Waterstone Defeasance recently closed a defeasance transaction for a $5.65 million CMBS loan, secured by a lodging property in Myrtle Beach, SC.  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 […]