Transaction Coordinator
About the job
- A bachelor's degree is required.
- One to two years of experience in real estate or finance is a plus.
- Competency in Microsoft applications, including Word and Excel, is required.
- Effective time management and the ability to multitask are required.
- Attention to detail is required.
- Strong writing skills are required.
- Applicants must be legally authorized to work in the United States on a permanent basis; candidates who will require visa sponsorship at any point are not eligible.
- Accurately populate standardized templates with financial data and keep them current as deals progress.
- Gather and organize documents needed for transaction closings.
- Assist with updating trackers, checklists, and internal databases as deals progress.
- Respond to routine internal requests for data or status updates.
- One to two years of experience in real estate or finance.
About the company
AST Defeasance is a specialized advisory firm that helps commercial real estate borrowers and lenders complete the defeasance step for CMBS and other fixed-rate CRE loans, replacing a property's mortgage lien with a portfolio of government securities so owners can sell or refinance without breaching loan agreements. It handles the entire defeasance process, from calculating the optimal securities portfolio to managing legal and administrative tasks, on a success-based fee with no upfront costs. Instead of relying on a single broker-dealer, it solicits competitive bids from major investment banks to secure the lowest overall cost and guarantees a two-week closing. Its goal is to help property owners exit fixed-rate loans efficiently and cost-effectively, enabling sale or refinancing even in rising interest-rate environments.
Company Size
11-50
Company Stage
N/A
Total Funding
N/A
Headquarters
Los Angeles, California
Founded
2006
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Simplify's Take
What believers are saying
- KBRA forecasts $183 billion private-label CRE securitization in 2026, boosting activity.
- CREFC reported 7.47% CMBS delinquency in January 2026, sustaining refinancing friction.
- AST published rate-market updates through April 2026, signaling active demand tracking and client engagement.
What critics are saying
- AST depends on CMBS refinancing volume; Trepp saw 7.55% delinquency in Q1 2026.
- Office CMBS distress hit 17.4% in October 2025, crushing defeasance-able borrowers.
- If CRE refinancing stalls through 2026, AST's niche transaction flow contracts sharply.
What makes AST Defeasance unique
- AST shops Wall Street bids and avoids preferred broker-dealers, claiming lowest costs.
- AST pioneered borrower residual sharing in 2006, reducing defeasance costs further.
- AST advertises 30-day closes, sometimes less than a week, across complex CMBS transactions.
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