Monthly Archives: January 2013

1.25.13: Dan Carbeck Joins ValueXpress

Dan Carbeck, a 35-year veteran in commercial real estate lending, joined ValueXpress effective January 15.  Dan will be primarily responsible for commercial loan originations in the mid-western portion of the United States. “Dan brings an outstanding breadth of experience to … Continue reading

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

1.23.13: Dodd-Frank Rules Could Stop CMBS in Its Tracks

CMBS pros are keeping a close eye on proposed regulatory reforms that could dramatically affect the future of the industry.  In the wake of the financial crisis, policymakers and regulators have proposed rules and regulations aimed at banks and other … Continue reading

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

1.15.13: Wanna Meet at the MBA in San Diego, CA?

Michael D. Sneden, Executive Vice President of ValueXpress, will be representing the firm at the Mortgage Bankers Association Commercial Real Estate Finance (CREF)/Multifamily Housing Convention and Expo in San Diego, CA February 3-6, 2013.  The convention is expected to attract … Continue reading

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

ValueXpress Obtains Another $1-Million Conventional Loan for an Industrial Building for a Brooklyn, N.Y.-Based Clothing Exporter; This Time It’s for His Brother!

ValueXpress obtained another conventional first mortgage loan commitment from its New York-based banking partner Country Bank to be secured by a 12,400-square-foot brick industrial building located in Bronx, NY; the loan commitment is for the brother of a sponsor for … Continue reading

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

1.11.13: CMBS Begins 2013 with a Bang

The CMBS bond market began 2013 on a high note: Strong demand for the first conduit offering of the year pushed spreads to a post-crash low.  The benchmark super-senior class of a $1.4-billion conduit offering by Morgan Stanley and Bank … Continue reading

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

1.8.13: Commercial Real Estate CDOs Make a Comeback

Four Commercial Real Estate (CRE) Collateralized Debt Obligations (CDOs) totaling $1 billion were issued in the fourth quarter of 2012, suggesting that the new issue market has re-opened.  These deals fill an important void in commercial real estate finance for … Continue reading

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

12.26.12: SBA 7(a) Premiums Reach the Stratosphere

Secondary market premiums on the sale of SBA 7(a) loan guarantees reached record highs in late December 2012 based on dealer pricing indications.  The chart below shows the monthly trend in premium pricing during 2012: 2012 Premium* Dec 117.50 Nov … Continue reading

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