New partnership will help ARCS defease with ease.Howard Levine, president/CEO of ARCS Commercial Mortgage, announced the creation of a strategic relationship between ARCS and Commercial Defeasance, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , America's leading facilitator of commercial real estate defeasances. "The conduit market boom which started in 1997 has created refinancing opportunities from those same borrowers who are now looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. lower rates and/or more dollars. Most of these new transactions will depend on the defeasance of their existing loan. We can help by offering a smoother and more predictable process in partnership with Commercial Defeasance," remarked Levine. Known industry-wide by its slogan "Defease with Ease," Commercial Defeasance has developed a strategic network of legal and financial professionals that provide the complete defeasance package at the lowest costs and with the fastest executions. "By combining our respective skills, ARCS and Commercial Defeasance will be better able to speed a complex transaction along," added Levine, "and to deliver that in a very cost effective way. For us, it's another example of the 'value added' philosophy we try to deliver to each customer." ARCS is one of America's leading commercial lenders, capable of providing Fannie Mac, Capital Markets, FHA See Federal Housing Administration. FHA See Federal Housing Administration (FHA). , mezz & bridge financing Bridge Financing A method of financing, used by companies before their IPO, to obtain necessary cash for the maintenance of operations. Notes: These funds are usually supplied by the investment bank underwriting the new issue. , and even Freddie Mac Freddie Mac: see Federal Home Loan Mortgage Corporation. in selected regions. In 2005, ARCS provided more than $2.4 billion for 289 properties nationwide. ARCS has also been Fannie Mac's #1 DUS DUS Driving Under Suspension (criminal charge) DUS Dwelling Unit (real estate) DUS Dynamic Underground Stripping DUS Dusseldorf, Germany - Dusseldorf (Airport Code) lender 8 of the last 9 years. The company now services a portfolio valued at nearly $13 billion, representing more than 1,800 loans across 39 states. |
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