Monthly Archives: November 2014

11.14.14: On the Road Again … This Time to Lubbock, TX!

“Our mission at ValueXpress, particularly for first-time CMBS conduit loan borrowers, is to make a complex loan process as painless as possible,” explained Michael D. Sneden, Executive Vice President at ValueXpress. “This enables borrowers to keep up with the fast-paced … Continue reading

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11.11.14: Freddie Mac Announces Small Balance Multifamily Loan Program

Freddie Mac, a government-sponsored enterprise (GSE) that buys mortgages for pooling and sale as mortgage-backed securities has announced a new small balance multifamily loan acquisition program. The program, dubbed Small Balance Loan (SBL), kicked off during Freddie Mac’s seller/servicer conference … Continue reading

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

11.4.14: Limited Amount of Assisted Living Loans Found in CMBS 2.0

“I have wondered many times why assisted living properties can’t seem to make it into CMBS transactions,” noted Jim Brett, head of Underwriting at ValueXpress. “It seems the risk profile is similar to hotels, so applying underwriting standards somewhat more … Continue reading

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ValueXpress Arranges $22.5-Million CMBS Conduit Loan for the Refinance of a Wyndham Garden Hotel Located in San Jose, CA

ValueXpress has arranged a $22.5-million CMBS conduit loan for the refinance of a Wyndham Garden Hotel located in San Jose, California, two miles from the Mineta San Jose International Airport. The hotel is also in immediate proximity to SAP Center, … Continue reading

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

10.31.14: ValueXpress to be a Keynote Sponsor at the 2015 National Alliance of Commercial Loan Brokers Conference

ValueXpress will be among the sponsors of the first National Alliance of Commercial Loan Brokers (NACLB) Annual Conference & Expo at the Red Rock Casino in Las Vegas, Nevada. ValueXpress will be sponsoring the luncheon on Monday, March 9th that … 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

10.28.14: Commercial/Multifamily Mortgage Bankers Originations Up

Third-quarter 2014 commercial and multifamily mortgage loan originations were 16% higher than a year earlier and 18% higher than in the second quarter, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. “Commercial real estate … Continue reading

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

10.19.14: SBA 7(a) Loan Volume Rises in Fiscal Year 2014

SBA 7(a) loan volumes continued to grow modestly, continuing a two-year growth pattern since 2012, according to a report by Charles H. Green, although fiscal 2014 (October 1, 2013 through September 30, 2014) was a year without noteworthy economic growth … 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