Entries by Vinay Bansal

$160 Million Loan Defeased With Ease

Flawless execution results in successful multi-property defeasance for Hometown America Corp Charlotte, NC – Defease With Ease®, headquartered in Charlotte, North Carolina, recently facilitated a $160 million defeasance transaction for Hometown America Corporation in connection with the sale of ten properties located in Texas, Arizona and Colorado.

Commercial Defeasance Launches First iPhone and iPad App for Defeasance

CHARLOTTE, NC. – January 18, 2011, 2010-Commercial Defeasance, LLC, the industry leader in the defeasance of commercial real estate loans, announces the launch of iDefease, the first defeasance app. iDefease is a mobile calculator that allows commercial real estate professionals to estimate defeasance costs for any loan instantly on their iPhone, iTouch or iPad. It […]

Commercial Defeasance completes $19 million defeasance for Maple Avenue Limited Partnership

Charlotte, NC – July 22, 2010 – Commercial Defeasance, LLC recently facilitated a $19 million defeasance for Maple Avenue Limited Partnership allowing it to refinance the Maple Avenue Shopping Center in Vienna, VA. The financing was arranged through Metropolis Capital Finance and provided by New York Life Investment Management. Custom Hedging Solutions, a Commercial Defeasance […]

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 […]

Commercial Defeasance Facilitates The Groves Defeasance With Unique Bonds

Orlando, F L – February 5, 2009 – Commercial Defeasance, LLC recently facilitated a $6.3 million defeasance transaction for Balestra Capital Ltd., a hedge fund company based in New York. The transaction allowed the company to sell The Groves, a 441 unit manufactured housing property, for $13.5 million. A unique aspect of this defeasance was […]

Commercial Defeasance Facilitates $29 Million Defeasance in five days for an office building in Beverly Hills.

Beverly Hills, CA. – October 9, 2008 – Commercial Defeasance, LLC recently facilitated a $29.3 million defeasance transaction on a premier high rise office building in Beverly Hills, CA. A defeasance usually takes 30- 45 days to complete, but this transaction was completed in five days including rating agency review. The transaction allowed the Beverly […]