New Jersey has retired almost $500 million of outstanding debt for about $160 million in savings, joining other issuers in using defeasance as a cost-saving tool and to improve their credit.

MIDLAND, Texas (KMID/KPEJ) – The Midland Independent School District said it has finalized the defeasance of a significant portion of outstanding debt prior to Series 2024, saving taxpayers more than ...

Janell Otis fixed-rate, conduit/commercial mortgage-backed securities, HUD Defeasance is the preferred form of call protection for fixed-rate conduit/commercial mortgage-backed securities (CMBS) loans ...

Yield maintenance and defeasance are two common methods used to compensate lenders for the loss of interest income on commercial loans. Both terms refer to prepayment penalties designed to preserve ...

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 ...

KENNETT SQUARE, Pa., July 27 /PRNewswire/ -- Chatham Financialannounced today that it has assisted JER Partners in the defeasance of 3loans, with original loan amounts in excess of $244 million, ...

A provision in Florida Gov. Ron DeSantis' proposed $114.8 billion budget for fiscal 2023-2024 would accelerate the state's efforts to shrink its debt portfolio. The proposed budget provides for the ...

MIDLAND This week, Midland ISD finalized the defeasance, which eliminated all outstanding debt obligations prior to series 2024 and allowed the district to start paying back a portion of the new debt.

RADNOR, Pa., June 29, 2021 /PRNewswire/ — CRED iQ, a data, analytics and valuation platform serving the commercial real estate finance and investment communities today announced the integration of the ...

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) releases a new report, As Freddie Mac K-Series Defeasance Accelerates, Supplemental Debt Slows, which discusses the meaningful increase in ...