Subject: Defeasance (DEF)

A total of 1,013 CMBS loans were defeased last year, compared to 1,332 loans a year earlier. The latest year's numbers will grow as additional data are tallied. But total figures for the year will still fall short of the ...

A total of 528 loans with a balance of $7.9 billion were defeased during the first half of the year, according to Moody's Investors Service. That compares with $10.2 billion of volume a year earlier. Full-year volume is on track ...

Tampa Bay Business Journal A venture of Feldman Equities and Tower Realty Partners has paid $12.05 million for a 1.47-acre development site in downtown Tampa, Fla., that's slated for a mixed-use project. The waterfront site, at the intersection of South ...

The following story was edited to reflect that loan reporting typically carries a one-month lag. Commercial Real Estate Direct Staff Report A total of 400 CMBS loans with a balance of $5.4 billion were defeased, or replaced by government securities, ...

Commercial Real Estate Direct Staff Report The defeasance of the $242 million CMBS loan against a portfolio of Seattle office properties owned by Martin Selig Real Estate was handled by Waterstone Defeasance LLC. Waterstone, a Charlotte, N.C., specialist in such ...

Last year's volume was more than double the $1.3 billion of defeasance that took place in 2009, according to Moody's Investors Service. The volume was driven by an investment-sales market that is becoming more robust, as well as improved loan ...

Commercial Real Estate Direct Staff ReportIn another sign that liquidity in the commercial real estate market is steadily improving, more than $1 billion of CMBS loans were defeased during the first half, nearly three times the volume that was defeased ...

Commercial Real Estate Direct Staff ReportPrimus Capital has orchestrated the defeasance of $76.9 million of securitized mortgages, facilitating its sale of 12 movie-theater properties that served as their collateral.The Atlanta investor worked with Chatham Financial of Kennett Square, Pa., on ...

Commercial Real Estate Direct Staff ReportAn $81 million securitized mortgage on Manhattan's Hilton Times Square was moved to special servicing early this month.The move came just days before the property's owner, Sunstone Hotel Investors Inc., said it would be tapping ...

Commercial Real Estate Direct Staff ReportWaterstone Capital Advisors, a four-year old advisory firm that had specialized in the defeasance business, is shifting gears and moving into the due-diligence and servicing arenas.The company is led by John Church, who for more ...