NOTICE IS HEREBY GIVEN BY U.S. Bank National Association, as trustee (the “Trustee”) for the outstanding Trust for Cultural Resources of the City of New York (the “Trust”) Revenue Bonds Series 2013A ...

In their Transactional Real Estate column, Peter E. Fisch and Mitchell L. Berg discuss a common feature of real estate finance—defeasance—which allows a borrower to effectively prepay a loan that is ...

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 ...

Defeasance is now a common feature of real estate finance, allowing a borrower to effectively prepay a loan that is not by its terms prepayable. A defeasance is a substitution of a loan's real estate ...