Commercial Defeasance Structures $18.9 Million Defeasance for Wilkinson Real Estate Partners

CHARLOTTE, NC. – August 26, 2009 – Commercial Defeasance, LLC recently facilitated an $18.9 million defeasance for Wilkinson Real Estate Partners who refinanced three Greenville, South Carolina properties for $23,000,000. Fannie Mae provided the new financing for the 564 multifamily units. By combining three loans into one simultaneous defeasance transaction, Commercial Defeasance helped the borrower save tens of thousands of dollars.

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