Commercial Defeasance structures $18.9 million defeasance for Wilkinson

Commercial Defeasance, LLC facilitated an $18.9 million defeasance for Wilkinson Real Estate Partners who refinanced three properties for $23 million. Fannie Mae provided the new financing for the 564 multifamily units. By combining three loans into one defeasance transaction, Commercial Defeasance helped the borrower save tens of thousands of dollars. Phil Deguire, principal of Wilkinson Real Estate Partners said, "Once again, Commercial Defeasance streamlined the process and helped Wilkinson Real Estate Partners defease a portfolio of three multifamily properties in less than a week." Jon Davis, deal manager at Commercial Defeasance, said, "Repeat business from satisfied customers is the cornerstone of our success. The completion of the transaction shows that, even in today's market, attractive agency financing can give borrowers the option to recapitalize their assets."

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

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