Monthly Archives: February 2014

2.21.14: AAHOA Members: Bring P&L and STAR Report to Philly

ValueXpress will offer “on the spot” loan proposals to Asian American Hotel Owners Association (AAHOA) members attending the “Deal Connection” event and Trade Show at the AAHOA Annual Convention in Philadelphia on March 19-21, 2014. “Just bring your 2013 property … Continue reading

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2.18.14: More Thoughts on the Future of Retail

I’m a (typical?) guy who hates to shop, which is why my wife is both amazed and puzzled by my newfound shopping sprees. No, I’m not talking about buying the latest fashion like “I gotta have that new Michael Kors … Continue reading

Posted in CMBS, CMBS Conduit Loans, Commercial Mortgage-Backed Securities, Michael D. Sneden, News & Recent Closings, The Banker's Mortgage Conduit, Valuexpress | Tagged , , , , , | 1 Comment

2.13.14: Wells Research Supports Weaker Underwriting Metrics in CMBS Loans

Jim Brett, head of CMBS analytics at ValueXpress, was recently lamenting, “Mike, I feel like the CMBS deals are more aggressive than last year. The underwriting and asset quality just doesn’t feel as good, except for a deal here and … Continue reading

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ValueXpress Arranges $6-Million CMBS Conduit Loan for the Refinance of 73-Room Holiday Inn Express in Snyder, TX

ValueXpress has arranged a $6-million CMBS conduit loan for the refinance of a three-story Holiday Inn Express hotel constructed in 2008 and located in Snyder, Texas. The property is situated on Hwy 180 near Hwy 84, approximately a one-hour drive … 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

2.7.14: Report from the 2014 MBA CREF Convention

Participants at the 2014 MBA Commercial Real Estate Finance Convention (CREF) held in Orlando, Florida, agreed the CMBS conduit loan machine is cranking full tilt: Should rates remain at close to current levels, this year’s CREF panelists suggested volume of … 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

2.5.14: Ladder Capital Goes Public – Cantor Commercial Real Estate Next?

Ladder Capital Corp announced the pricing of its initial public offering (IPO) of 13,250,000 shares of its Class A common stock at a price to the public of $17.00 per share on Wednesday, February 5. Ladder is a major contributor … Continue reading

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1.29.14: Commercial/Multifamily Mortgage Debt Posts Largest Increase Since 2008

Commercial/multifamily mortgage debt outstanding increased by $25.2 billion in the third quarter, as all four investor groups increased their holdings, according to the Mortgage Bankers Association (MBA). In its MBA Commercial Real Estate/Multifamily Finance Mortgage Debt Outstanding – Q3 report, … Continue reading

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