Monthly Archives: November 2013

11.15.13: Steve Lombardi Joins ValueXpress

Steve Lombardi, a 20-year veteran in commercial real estate lending, private equity and capital markets, joined ValueXpress effective November 15. Steve is primarily responsible for commercial loan originations focused on CMBS conduit loans in New England. Steve is based in … Continue reading

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

11.11.13: What’s Hot in CMBS Conduit Loan Origination

“As I look back on the CMBS conduit loans we closed in 2012 and 2013 to date a clear pattern has emerged on what motivates small balance sponsors (loans in the $3-million to $20-million range) to close CMBS conduit loans … Continue reading

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

11.6.13: CMBS Prices See-Saw

The CMBS market is having trouble finding direction subsequent to the pricing of the CMBS offering from RBS and Wells Fargo on Monday, November 4 in which the benchmark super-senior class of the offering was priced at a spread 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

ValueXpress Obtains a $7.5-Million Bridge Loan for a 94-Room Hampton Inn and Suites located in the Dallas-Fort Worth Metroplex

ValueXpress obtained a $7.5-million bridge loan for the refinance of a construction loan that was utilized to build a 94-room Hampton Inn hotel that opened in April 2013. The property is a four-story interior-corridor structure with a stone and stucco … Continue reading

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

11.1.13: Mike Sneden to Present at Commercial Capital Training Group

Michael D. Sneden, Executive Vice President at ValueXpress, will be presenting CMBS conduit loan origination techniques to the November 2013 class of the Commercial Capital Training Group (CCTG) in Albany, N.Y. on Wednesday, November 20. CCTG is a one-of-a-kind training company … Continue reading

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

10.30.13: CMBS Conduit Loan Rates Fall

New CMBS loan applications should see a 15-basis-point (bp) decrease in spread based on the results of the most recent CMBS offering from RBS and Wells Fargo that is expected to price on Friday, November 1. The benchmark super-senior class … Continue reading

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

10.23.13: ValueXpress Enters New Relationship to Originate SBA 504 Loans on Hotels

ValueXpress recently entered a relationship with a private equity fund to originate SBA 504 loans utilized for the purchase of owner-occupied real estate properties. The investor will pool the 504 first liens and issue securities in the capital markets backed … Continue reading

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