Monthly Archives: March 2012

3.6.12: CMBS Spreads Tighten Across the Board in February

Trepp reported that the powerful rally in the CMBS market that started at the beginning of 2012 extended for a second month, giving investors a lot to cheer about in February: The market has tightened in four of the last … Continue reading

Posted in CMBS, CMBS Securities, Commercial Mortgage-Backed Securities, Michael D. Sneden, News & Recent Closings, The Banker's Mortgage Conduit, Valuexpress | Leave a comment

3.1.12: SBA Announces Updated Lender Website

The Office of Communications and Public Liaison (OCPL) worked with SBA stakeholders to solicit feedback on improving the current Lender website located at http://www.sba.gov/for-lenders.  As a result of feedback from local SBA offices, the Office of Capital Access (OCA), select … Continue reading

Posted in News & Recent Closings, SBA, SBA Loan Processing, SBA Loans, The Banker's Mortgage Conduit, Valuexpress | Tagged , , | Leave a comment

2.28.12: Commercial Real Estate Loan Prices Regaining Pre-Recession Values

Costar reported that the aggregate value of bank and CMBS real estate loans sold last year rebounded to levels not seen since 2008. Whole real estate loans, both commercial and residential, offered by the Federal Deposit Insurance Corp. (FDIC) last … Continue reading

Posted in Commercial Real Estate Loans, Michael D. Sneden, News & Recent Closings, The Banker's Mortgage Conduit, Valuexpress | Leave a comment

ValueXpress Obtains $33,750,000 CMBS Loan for 3 Hotels in West Virginia

ValueXpress arranged financing for three limited- and select-service interior corridor hotels constructed in 2008 and 2009 and located in West Virginia.  The transaction was structured with a 10-year, fixed-rate term based on a 25-year amortization schedule.  The properties, owned by … Continue reading

Posted in CMBS Conduit Loans, Commercial Lending, Michael D. Sneden, News & Recent Closings, The Banker's Mortgage Conduit, Valuexpress | Tagged | Leave a comment