You should never wonder what's next
A better process means fewer surprises and clearer decisions.
A structured approach gives borrowers clarity on the path to closing
Paragon takes a different approach.
Most defeasance advisors act as go-betweens, relaying requests, reacting to events, and leaving borrowers to manage the uncertainty in between.
You'll work with the same senior professionals from the first review through closing. You'll know where the transaction stands, who is responsible for what comes next, and what decisions need to be made before timelines become compressed.
The result is a process that feels organized because it is organized.
Review and Diagnose
We identify what will matter later while there is still time to act.
No two loans are identical. Minor differences in loan language, required lead times, and servicer requirements can materially affect cost, timing, and the path to closing.
Before the process begins, Paragon reviews your loan documents and transaction timeline to identify the requirements and constraints that will shape the defeasance. Borrowers learn what will matter later in the transaction while there is still time to address it.
Prepare and Coordinate
Everyone knows what will be required before requests start arriving.
Many defeasance transactions become stressful because parties are reacting to requirements as they surface.
Paragon works ahead of the process. We submit notices correctly, clarify responsibilities early, and communicate upcoming requirements before they become urgent. Borrowers and their counsel understand what is needed, who is responsible for it, and when it will be required.
Manage and Communicate
You know what changed before it becomes your problem.
Defeasance transactions involve many moving parts. Securities pricing changes with the market, additional requirements may surface, closing dates shift, and new lender or buyer issues can emerge as the transaction progresses.
As the transaction progresses, Paragon constantly monitors everything that could affect the economics or timing of your closing and addresses issues before they become closing problems. Borrowers are never left chasing information or reacting to surprises at the last minute.
Close and Deliver
Closing is not where we discover surprises. It’s where the preparation pays off.
The final stages of a defeasance involve satisfying servicer documentation requirements, purchasing the securities portfolio, funding the transaction, and completing the remaining closing requirements on schedule.
Because the critical work has already been addressed throughout the process, closing becomes a matter of execution rather than reaction. Borrowers move through the final stages knowing what remains to be completed. The transaction concludes with the property released from the mortgage lien.
One experienced team from kickoff through closing
Defeasance transactions become more demanding as closing approaches. You won't be handed from one team to another as the process unfolds. You'll work directly with experienced defeasance professionals from the initial review through final execution.
That continuity maintains accountability, reduces miscommunication, and ensures the people advising you at closing already know your loan, your timeline, and the issues that matter to your transaction.
