Defease with Ease gives users the ability to quickly calculate defeasance estimates using iDefease, a new native iPhone app.
From their website:
The free iPhone app is loaded with helpful tools to keep you connected and in control of your transactions — from wherever you are. Besides immediate access to contact our offices, our versatile app features a convenient FAQ page that guides you to all of your defeasance answers and a defeasance calculator that helps you estimate your defeasance costs when you are ready for a sale or refinance of your property.
With Treasuries at historically record lows, defeasance ain’t as sexy as it used to be. Even so, this calculator can be a useful resource for brokers and investors underwriting deals with existing CMBS financing.
Download app: iPhone