Waterstone Defeasance, LLC
Leasing Non-residential Real EstateNorth Carolina, United States11-50 Employees
Waterstone Defeasance, LLC operates in the non-residential real estate leasing sector with a specialized focus on defeasance for securitized debt, including CMBS and Freddie Mac loans. Founded in 2004 and based in Raleigh, North Carolina, the firm has defeased more than $20 billion in original loan balances and assigns a dedicated Defeasance Coordinator to each transaction to help ensure timely closings. As an independent borrower representative, Waterstone maintains broad relationships with servicers, counsel, and related parties to coordinate complex defeasance without conflicts of interest. Its services support borrowers seeking to sell or refinance assets encumbered by securitized debt, with the firm advocating for favorable pricing by bidding portfolios to primary and secondary broker-dealers. Recent activity includes closing on a $6.4 million office property, illustrating the firm’s involvement in related real estate transactions.