Monthly Archives: April 2014

4.18.14: CMBS Conduit Loan Rates Fall

The combination of lower CMBS yields, competition and a declining swap rate is contributing to rapidly declining interest rates for CMBS conduit loan borrowers. As of Thursday, April 17, the 10-year Swap rate used to set CMBS loan interest rates … Continue reading

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

4.14.14: CCTG Graduates Gaining Traction in CMBS Originations

Graduates of the Commercial Capital Training Group (CCTG), a training program for individuals who want to enter or expand their reach in the commercial real estate finance business, are finding that CMBS conduit lending can be a lucrative product for … Continue reading

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

4.9.14: Fixed-Rate SBA 7(a) Loans Becoming More Prevalent

The attractive premium income achieved by selling the guaranteed portion of variable rate SBA 7(a) loans has kept fixed-rate 7(a) loans from becoming a significant portion of overall 7(a) loan origination. SBA lenders have been known to suggest to borrowers … 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

ValueXpress Arranges a $5.1-Million Conventional Loan for a Brooklyn, NY-Based Clothing Retailer

ValueXpress obtained a $5,100,000 conventional first mortgage loan from a N.J.-based community bank secured by two industrial buildings located on Williams Street in Brooklyn, N.Y. The sponsor will operate a vintage clothing store in part of the first floor space … Continue reading

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

4.4.14: CMBS Origination Volume Slips in First Quarter

CMBS issuance in the first quarter fell 11% from a year earlier, according to Commercial Mortgage Alert. An estimated $20.4 billion of CMBS were issued in the first quarter of 2014, a decline from $22.9 billion a year ago. On … 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

4.1.14: Trepp Reports Further Decline in Delinquency

The CMBS delinquency rate continued its impressive decline in March, marking the tenth consecutive month the rate has fallen, according to Trepp. The rate dropped 24 basis points (bp) over the course of the month, bringing the delinquency rate for … 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

3.26.14: Apartment Rents Climb as Vacancies Drop

Apartment landlords continued to push through hefty rent increases at the start of the year, although the pace of the rises was slightly weaker, according to the Wall Street Journal. Rental rates increased 0.6% during the first quarter, according to … Continue reading

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