A defeasance clause in real estate is a provision in loan agreements that defines how a borrower can satisfy the lender's requirements in order to release their lien on the property. This clause can ...

Defeasance is now a common feature of real estate finance, allowing a borrower to effectively prepay a loan that is not by its terms prepayable. A defeasance is a substitution of a loan's real estate ...

Every borrower looking to refinance an existing commercial real estate loan or sell a property encumbered by one needs to consider how to release its existing financing. Commercial loan documents ...

New Chapter: Charles B. Slocum at WGAW in L.A.’s Fairfax District. In this white-hot real estate market, a lot of commercial investors are looking to sell and take profits. Also, historically low ...

With the defeasance sector heating back up, as more borrowers look to replace their CMBS loans with U.S. Treasuries to lock in low interest rates, Wells Fargo set an eyebrow-raising record last year.

As the commercial real estate industry continues to adjust to a rising interest rate environment, reports of defeasance requests have trended higher in recent months,” wrote Marc McDevitt, a senior ...

In their Transactional Real Estate column, Peter E. Fisch and Mitchell L. Berg discuss a common feature of real estate finance—defeasance—which allows a borrower to effectively prepay a loan that is ...