Spartan Defeasance

For many owners of commercial real estate with CMBS or “conduit” loans, defeasance can often serve as an unwelcome and sometimes, unforeseen, obstacle to their ability to sell or refinance a property. Unlike more traditional forms of prepayment, the defeasance process involves a number of complex financial, timing, and communication considerations that can prove daunting for property owners. Spartan Defeasance specializes in helping property owners to quickly and cost-effectively satisfy the requirements for the defeasance process thereby freeing them to complete the sale or refinance of their property. Our experienced professionals have advised on hundreds of defeasances involving many of the largest, most complex and time-sensitive real estate transactions. For clients considering the possible defeasance of a loan, Spartan Defeasance offers the following: Best customer service in the industry No deposits – Spartan Defeasance is paid only upon the successful closing of the client’s transaction Same fixed consulting fee regardless of loan size or deal complexity No brokerage fees or mark-ups in connection with the securities purchase Reliable, all-inclusive quotes designed to eliminate surprises at closing