Monthly Archives: April 2011

4.22.11: ValueXpress to Exhibit at AAHOA Trade Show in Las Vegas, NV

ValueXpress will be exhibiting at the annual Asian American Hotel Owners (AAHOA) Trade Show in Las Vegas, Nevada June 16-17, 2011. ValueXpress will be located in booth 452 at the Sands Expo and Convention Center noon-6:00 p.m. on both Thursday, … Continue reading

Posted in CMBS Conduit Loans, Commercial Lending, Michael D. Sneden, News & Recent Closings, SBA 504 | Tagged , , , | Leave a comment

4.19.11: Underwriting on CMBS Loans Loosens as Cautious Optimism Hits

Underwriting on CMBS loans is loosening as originators compete for more business in a sector that’s starting to heat up again. “The first transactions to emerge from CMBS 2.0 were very conservative in most facets, benefiting an industry emerging from … Continue reading

Posted in CMBS, CMBS Conduit Loans, CMBS Securities, Michael D. Sneden, News & Recent Closings, Valuexpress | Tagged , | Leave a comment

ValueXpress Obtains $5.5-Million CMBS Conduit Loan for a Neighborhood Shopping Center Located in Suburban Atlanta, GA

ValueXpress obtained a $5.5-million first-mortgage loan that was utilized to refinance existing debt secured by a 20,000-square-foot neighborhood shopping center located in the Atlanta MSA. The property is currently 100% occupied by nine tenants. The property was constructed in 2004 … Continue reading

Posted in CMBS Conduit Loans, Michael D. Sneden, News & Recent Closings, Valuexpress | Tagged , | 1 Comment

4.7.11: ValueXpress Lowers CMBS Conduit Loan Minimum to $1 Million

ValueXpress has lowered the minimum loan amount for CMBS conduit loans to $1 million, effective immediately.  On CMBS conduit loans between $1 million and $5 million, 5- and 10-year loan terms are available based on 25-year amortization (30 years for … Continue reading

Posted in CMBS, CMBS Conduit Loans, Michael D. Sneden, The Banker's Mortgage Conduit, Valuexpress | Tagged , , , , , , , | Leave a comment

4.1.11: CMBS Prices Recover from Disaster in Japan

CMBS prices have slowly risen since the earthquake and tsunami in Japan on March 11 and subsequent concerns about unrest in the Middle East. Prices have recovered close to levels seen before the disaster.  Spreads on senior investment-grade CMBS have … Continue reading

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3.29.11: SBA Opens 504 Refinancing to More Firms

The Small Business Administration (SBA) will allow more businesses to refinance their commercial real estate mortgages through its 504 loan program. The SBA initially restricted this new refinancing option to small businesses that faced balloon payments on their mortgages before … Continue reading

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