“We’re nearing the 10-year mark from the financial crisis,” explained Dan Kahler, director of defeasance at Chatham Financial, a Kennett Square, Pa., advisory firm with a substantial defeasance business. “After the crisis, not a lot of CMBS was issued. With fewer maturities, we’re seeing fewer defeasances in the pipeline.”
CMBS Defeasance Activity Nose Dives As Maturity Wall Is Hurdled
January 9, 2018
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