,

Defeasance activity during COVID-19: Deals continue to close

Since COVID-19 was officially declared a pandemic in March, all businesses have been dramatically affected, which was an obvious and direct blow to the commercial real estate industry.    Plunging treasury rates, some liquidity constraints,…
,

The 4 Biggest Myths in Defeasance

Defeasance consulting is a specialized service and relationship that lasts beyond the closing of the defeasance transaction. Choosing a defeasance consultant is an important step that is often overlooked or pushed off to a third-party broker…
,

Beware of the Defeasance Gray Market

In 2016, CMBS 2.0+ loans have comprised nearly 40% of all defeasance activity.  The defeasance of these newer vintage CMBS loans highlights hidden Borrower risk, in the area of defeasance portfolio structuring and pricing.  Borrower exposure…