Press Releases

Commercial Defeasance Structures $22 Million Transaction for HVM Management Company, Inc.

GREENSBORO, N.C., March 5 /PRNewswire/ — Commercial Defeasance, LLC recently facilitated a $21,800,000 multi-property defeasance transaction for HVM Management Company, Inc. based in Greensboro, North Carolina. The defeasance included five loans secured by multifamily properties located in North Carolina and South Carolina. The defeasance was accomplished in connection with a sale of a portfolio of […]

Morningstar Acquires Eaton Ferry Marina

Company Completes Its Ninth Acquisition in Its Marina Portfolio
CHARLOTTE, N.C., Jan. 4 /PRNewswire/ — Morningstar Properties, LLC, in its joint venture with Harrison Street Real Estate Capital (HSRE), announces that it has acquired Eaton Ferry Marina located in Littleton, North Carolina.

Phillips Edison & Company Acquires Another Center in North Carolina

BALTIMORE, Dec. 7 /PRNewswire/ — Phillips Edison & Company, a retail real estate owner, manager and developer, announced the purchase of New Market Madison Shopping Center in Madison, North Carolina.

Horticultural Asset Management Announces Wildfire Preparedness Program

CARY, N.C., Nov. 15 /PRNewswire/ — Doug Malawsky, executive vice president of Horticultural Asset Management, Inc. (HMI), has announced that the company is now offering an innovative tool for evaluating a property’s wildfire preparedness. HMI’s Wildfire Preparedness Assessment (WPA) consists of an on-site evaluation of a property using HMI’s proprietary PDA-based software which collects specific […]

Legendary Nashville Songwriter and Guitar Innovator To Sell Boone, NC Mountain Home and Land

BOONE, N.C., Nov. 5 /PRNewswire/ — Mac Gayden, who co-wrote the hit song “Everlasting Love” and the inventor of the “slide wah” guitar technique will offer his custom home built on 40.43 acres at public auction at 2:00PM, Saturday afternoon, December 8th at the Meadowbrook Inn in beautiful downtown Blowing Rock, NC.

Waterstone Capital Advisors Pays Over $1 Million to Defeasance Clients

CHARLOTTE, N.C., Oct. 31 /PRNewswire/ — Waterstone Capital Advisors, LLC an established defeasance consulting firm, has just announced their financial product, whereby commercial real estate borrowers can receive a present value cash payment for their share of the residual float from a CMBS loan at the closing of a defeasance transaction.

Oz Custom Built Homes Names New Listing Agents for Eppington South

CHARLOTTE, N.C., Oct. 11 /PRNewswire/ — Oz Custom Built Homes has named Kim and Duke Speed of Keller-Williams(R) Realty, Ann Yountz of RE/MAX(R) Executive Realty, and Roz Bailey of Allen Tate Realtors(R) as new listing agents for the luxury housing community of Eppington South.

Commercial Defeasance Coordinates 54 Loan Defeasance for Affordable Residential Communities, Inc.

CHARLOTTE, N.C., Sept. 26 /PRNewswire/ — Commercial Defeasance, LLC coordinated one of the largest and most complex defeasances to date for Affordable Residential Communities, Inc. The defeasance encompassed 205 properties across the country and 54 loans that were coordinated with five different servicers. The total amount of the defeasance exceeded $665,000,000.

Ground Broken for Weirbridge Village, a New ‘Green’ Community in South Asheville

ASHEVILLE, N.C., Sept. 21 /PRNewswire/ — Kassinger Development Group and Pulliam Properties are breaking ground today for their latest development in the South Asheville area. Response to the availability of upscale ‘green’ condominiums and a commercial section of retail shops has been incredibly strong through the initial reservation process, and developers expect the Phase 1 […]

LendingTree Gathers Industry Leaders to Promote the Consumer Experience During a Turbulent Market

CHARLOTTE, N.C., Sept. 10 /PRNewswire/ — LendingTree today kicks off its eighth Annual Partner Summit at the Charlotte Convention Center with approximately 300 lending, real estate and marketing professionals who will gather for a two-day event titled “Mission 007: The Extraordinary Experience.”