Monthly Archives: January 2016

1.22.16: CMBS Spreads Continue to Drift Wider

CMBS spreads continue to drift wider in 2016, following a pattern of wider spreads that began in the summer of 2015. Three CMBS deals in the market have released pricing guidance in the range of 155-158 basis points (bp) over … 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

1.18.16: ValueXpress Establishes New Nationwide Relationship for SBA 7(a) Loans

ValueXpress recently established a relationship with a nationwide SBA 7(a) lender to originate SBA 7(a) loans on owner-occupied properties throughout the United States. “We have been so active in CMBS conduit lending that our SBA 7(a) and SBA 504 platforms … Continue reading

Posted in CMBS Conduit Loans, Commercial Lending, Commercial Real Estate Loans, Michael D. Sneden, News & Recent Closings, SBA 504, SBA 7(a), SBA Loan Processing, SBA Loans, SBA Partnership, The Banker's Mortgage Conduit, Valuexpress | Tagged , , | Leave a comment

1.15.16: Wal-Mart Stores Inc. Abandons Small Store Format

Wal-Mart Stores Inc., the behemoth of suburban retail stores, has ended its growth experiment to open smaller versions of its large superstore concept in rural and suburban infill locations. The retailer will close all 102 of its Walmart Express outlets, … Continue reading

Posted in Commercial Lending, Commercial Real Estate Loans, Michael D. Sneden, News & Recent Closings, Valuexpress | Tagged , , | Leave a comment

ValueXpress Obtains $4.8-Million CMBS Conduit Loan for Neighborhood Shopping Center Located in Mansfield, Warren County, N.J.

ValueXpress obtained a $4.8-million first-mortgage loan that was utilized to refinance existing debt secured by a 28,000-square-foot neighborhood shopping center located in Mansfield Township, Warren County, New Jersey. The property is currently 100% occupied by 12 tenants and is anchored … 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

1.8.16: 2015 CMBS Issuance Tops $100 Billion; Lenders Cautiously Optimistic for 2016

According to Commercial Mortgage Alert, CMBS issuance reached a milestone in 2015 – eclipsing the $100-billion barrier for the first time since 2007 – but only barely, finishing at $101 billion. This compares with $94.1 billion of CMBS issued in … 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

1.5.16: CCTG Grad Lawler Rogers Talks About His Experience with ValueXpress

Recently, Lawler Rogers, a graduate of CCTG and a student of Michael D. Sneden, Executive Vice President at ValueXpress, was interviewed about his experience with his first deal with ValueXpress. Watch his interview below:  

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

12.28.15: Self-Storage Properties Best-Performing Asset Class in CMBS

Self-Storage facilities has turned out to be the best-performing asset class in CMBS in terms of delinquency. Self-storage CMBS-backed loans historically have been good performers for several reasons. For one, self-storage properties weren’t prone to being overvalued during the peak … 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