What Is Defeasance? How Does It Affect My Commercial Real Estate Loan?
[{"id": "cm2dfne", "text": "Really scratching the surface with that article. Another good note is the defeasance costs will drop relatively as rates rise. One of the reasons the CMBS market has seen some regained momentum. \n\nThere are also prepayment penalties on any fixed rate loan held on a balance sheet too.... you don't need a securitized loan to face prepayment penalties. ", "replies": [], "depth": 1}, {"id": "cm658s3", "text": "why a Huffpost article on defeasance? There are already established resources out there that explain what it is. I have to give a shout-out to my buddies at [Waterstone](http://www.defeasanceservices.com/)", "replies": [], "depth": 1}]