Company Overview
Commercial Defeasance, LLC was founded in 2000 to assist commercial real estate owners with the defeasance process. Since then, we have defeased thousands of loans in the United States and Canada on all property types ranging from small, single loans to large, complex portfolios.
Our exceptional, pro-active transaction management saves the borrower valuable time and money, and allows the borrower, broker and borrower's counsel to focus on the sale or refinance with complete confidence that the defeasance will close on schedule – ahead of any rate lock expiration or sales contract deadlines.
We provide complimentary defeasance cost estimates to help you decide when it’s time to defease. Contact us to facilitate the process, and we'll send you our written engagement letter. Our engagement letter will set forth a fixed fee for our services and confirm in writing that there will be no undisclosed mark up in the final securities price. We’re the only defeasance company to make such a statement in writing, because (i) we are not owned by any bank, servicer or broker, (ii) our structuring of the securities portfolio is always unbiased and fully optimized, and (iii) we utilize technology and know-how to independently monitor the broker’s pricing.
We have offices in Charlotte, New York and Los Angeles to better serve you. We also have affiliates who can assist with other aspects of the defeasance transaction. Defeasance Holding Company coordinates with affiliated successor borrowers to assume defeased loans, and Custom Hedging Solutions can help you lock in the securities cost in advance of the closing (rather than letting it fluctuate with the market). Members of our team also travel nationwide giving complimentary presentations on the defeasance process to real estate professionals including attorneys, brokers, borrowers and servicers. In fact, our presentation qualifies for CLE credit in California, Florida, Georgia, New York, North Carolina and Texas.
Contact us today... to Defease With Ease ®.