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Waterstone Defeasance just Closed on a $9.6 Million Yield Maintenance Transaction

CHARLOTTE, NC: Waterstone Defeasance recently closed on a yield maintenance for a $9.6 million agency loan, secured by a multifamily property in Whitehall, OH. Waterstone provided guidance on the yield maintenance pricing, coinciding with the owners’ refinance of their loan. Yield maintenance calculations are typically provided by the loan servicers. However, in many instances, borrowers […]