Medalist Capital

Medalist Defeasance

In response to overwhelming demand from our clients, Medalist Capital formed a joint venture with Pensford Financial ( to assist clients with defeasance transactions. The Medalist Defeasance team is comprised of experienced specialists who have completed more than 1,000 defeasance transactions totaling more than $10 billion. Services include:

  • Structuring the defeasance portfolio using extremely sophisticated software.
  • Purchasing securities via a competitive bidding process for the securities portfolio.
  • Residual and float: We provide transparency around the residual value generated from the defeasance process and return a portion of the savings to our clients.
  • Establishing the Successor Borrower entity, which assumes the liability for all financial obligations of the loan.

For a more complete explanation of the defeasance process, our capabilities and contact information, please visit the Medalist Defeasance website at