10.16.15: Charley Lobetti Joins ValueXpress

Charley Lobetti, a 20-year veteran in commercial real estate lending, joined ValueXpress effective October 1. Charley is primarily responsible for commercial loan originations focused on CMBS conduit loans in what is known as the East-South-Central United States, including the states surrounding Tennessee and Kentucky. Charley is based in Knoxville, Tennessee.

“Charley brings an outstanding breadth of experience to the ValueXpress team. He has a history in commercial lending in the community banking sector, where he originated, underwrote and arranged participations with a network of seven community banks in Tennessee and surrounding states. He assisted many business and real estate owners in obtaining financing,” commented Michael D. Sneden, Executive Vice President at ValueXpress.

“In addition, Charley has been active in the capital markets, through the origination of CMBS conduit loans, loans for contribution into Collateralized Debt Obligations (CDOs) and Variable Rate Demand Notes (VRDN). Charley has also originated commercial real estate loans for insurance companies and pension funds.

“I am very excited to be working with Mike, Gary, Jim and the rest of the ValueXpress team,” said Charley. “ValueXpress has an excellent reputation in the market for service. My prior work demanded hand holding to achieve a good borrower experience. And ValueXpress is known for that kind of personal touch.”

“I am particularly energized to originate CMBS conduit loans, given the resurgence of the product and the ability to provide unrestricted cash out to owners of underleveraged properties or to those in which the sponsor created value through leasing or rehabilitation,” said Charley. “I will be hitting my home turf of Tennessee and Kentucky to kick off, then work the balance of the surrounding states in anticipation of originating a significant amount of CMBS conduit loans.”

 

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This entry was posted in Commercial Lending, Commercial Real Estate Loans, Michael D. Sneden, News & Recent Closings, The Banker's Mortgage Conduit, Valuexpress and tagged , , , , , . Bookmark the permalink.

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