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Archive for the AST In The News Category

Press Release: AST Defeasance Facilitates Two Last-Minute Defeasance Closings Before Holidays

Los Angeles, January 10, 2012: AST Defeasance Services, LLC recently announced the closing of two defeasance transactions executed just before the holidays. The first defeasance involved the refinancing of a $7mm multi-family loan through the U.S. Department of Housing and Urban Development (HUD). Working under severe time Read more

Press Release: AST Defeasance Announces Closing of $156 Million Defeasance and Sale

Los Angeles, August 16, 2011: AST Defeasance Services, LLC recently facilitated the defeasance of a $156 million portfolio of properties in Baltimore, Maryland, saving the borrower substantial costs by utilizing unique portfolio structuring techniques. The portfolio was comprised of nine multi-family buildings, requiring their defeasance as part

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Recent Deals Closed

a) Multifamily Property
Loan: $11,000,000
Maturity: 2014
Defeasance Date: March 2013


b) Retail Center
Loan: $7,500,000
Maturity: 2013
Defeasance Date: February 2013


c) Multifamily Property
Loan: $3,200,000
Maturity: 2013
Defeasance Date: February 2013


d) Office
Loan: $4,100,000
Maturity: 2014
Defeasance Date: February 2013


e) Retail
Loan: $9,300,000
Maturity: 2013
Defeasance Date: March 2013


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