Monthly Archives: October 2012

10.19.12: Watch Kevin Monahan Discuss Commercial Capital Training Group

Kevin Monahan of ValueXpress was interviewed by Commercial Capital Training Group (CCTG). Advertisements

Posted in Michael D. Sneden, News & Recent Closings, The Banker's Mortgage Conduit, Valuexpress | Tagged , , , , , , | 1 Comment

10.12.12: Bharti Patel Wins NOOK Tablet at 2012 Northeast Conference of Mortgage Brokers Trade Show

Mortgage banker Bharti Patel won a NOOK Tablet e-reader at the ValueXpress booth at the Northeast Conference of Mortgage Brokers Trade Show, held recently at the Trump Taj Mahal Casino Resort in Atlantic City, N.J. Bharti is a broker associate, … Continue reading

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

10.10.12: CMBS Buyers Focus on Lower-Tier CMBS

The CMBS rally that took hold at midyear has been changing shape lately, according to Commercial Mortgage Alert. Increasingly, yield-hungry bond buyers are clamoring for subordinate paper, typically junior classes AS, B and C, which carries lower subordination levels and … Continue reading

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

ValueXpress Obtains a $1.5-Million Conventional Loan for an Industrial Building for a Brooklyn, N.Y.-Based Clothing Exporter

ValueXpress obtained a $1,500,000 conventional first mortgage loan commitment from its New York-based banking partner Country Bank to be secured by a 14,000-square-foot brick industrial building located in Brooklyn, NY. The bank intends to keep the loan in its portfolio. … Continue reading

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

10.5.12: ValueXpress to Exhibit at 2012 Northeast Conference of Mortgage Brokers

On Tuesday, October 9 and Wednesday, October 10, ValueXpress will be exhibiting at the Northeast Conference of Mortgage Brokers Trade Show in Atlantic City, N.J. Plan to stop by the Trump Taj Mahal Casino Resort Exhibition Hall and see us; … Continue reading

Posted in CMBS, CMBS Conduit Loans, Commercial Real Estate Loans, Michael D. Sneden, News & Recent Closings, Owner-Occupied Loans, SBA 504, SBA 7(a), The Banker's Mortgage Conduit, Valuexpress | Tagged , , , , , , , , , , | Leave a comment

10.3.12: CMBS Volume Could Hit $46 Billion for the Year

A surge of fourth-quarter deals is expected to lift full-year U.S. commercial mortgage-backed securities issuance to at least $46 billion, far above earlier estimates.  Some $14.9 billion of transactions are expected to price in the fourth quarter, according to a … Continue reading

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

9.28.12: A Quick Look at New Issue CMBS Loan Underwriting

According to research by CS First Boston, one concern about the increasing rate of CMBS issuance is that the quality of underwriting has deteriorated quickly, as originators stretch in terms of credit quality, in order to increase the volume of … Continue reading

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