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Waterstone Closes on the Defeasance of a $25.2 Million CMBS Loan

CHARLOTTE, NC: Waterstone Defeasance recently closed a defeasance transaction for a $25.2 million CMBS loan.  The loan was secured by a portfolio consisting of industrial and warehouse properties in Massachusetts.  Waterstone guided the owners through the defeasance process coinciding with the owners’ sale of one of the properties and the refinancing of the loan for […]