Monthly Archives: April 2016

4.15.16: Watching Out for Risk Retention

With CMBS prices stabilizing at levels that provide a reasonable interest rate for borrowers, the next cloud on the horizon is risk retention. Beginning December 24, 2016, under new Dodd-Frank federal regulations, CMBS issuers will be required to retain a … Continue reading

Posted in CMBS, CMBS Securities, Commercial Mortgage-Backed Securities, Michael D. Sneden, News & Recent Closings, The Banker's Mortgage Conduit, Valuexpress | Tagged , , , , | 3 Comments

4.11.16: Prime Finance Circles First CMBS B-Piece with an Eye on Risk Retention

Prime Finance has entered the CMBS b-piece market, circling its first two subordinate bond investments from CMBS deals led by Wells Fargo and Citigroup. The deals should be announced in the next few weeks. Prime is a private commercial real … Continue reading

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

4.5.16: SBA Close to Restarting 504 Loan Refinance Program

After years of advocating on Capitol Hill by commercial real estate industry leaders, the SBA 504 Loan Refinancing Program was permanently reinstated on December 18, 2015, more than three years after it expired in 2012. Also known as the Commercial … Continue reading

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

ValueXpress Arranges $5.2-Million CMBS Conduit Loan for the Refinance of a 74-Room Holiday Inn Express Located in Fort Worth, TX

ValueXpress has arranged a $5.2-million CMBS conduit loan for the refinance of a three-story Holiday Inn Express hotel constructed in 2006. The hotel is located in Burleson, Texas, a suburb of Fort Worth. The sponsor will utilize a portion of … Continue reading

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

4.1.16: CMBS Conduit Loan Spreads Rally (Again)

CMBS spreads tightened further this week as two CMBS issues priced at levels tighter than a CMBS offering led by Wells Fargo that priced on March 18. The benchmark AAA-rated super senior CMBS bonds from the most recent $818-million offering … Continue reading

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

3.31.16: AAHOA Trade Show in Nashville, TN a Huge Success

On March 30-31, 2016, ValueXpress exhibited at the annual Asian American Hotel Owners (AAHOA) Trade Show, which was held in Nashville, Tennessee this year. The sold-out trade show was attended by a record crowd of Asian American hoteliers ready to … Continue reading

Posted in AAHOA, 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

3.28.16: Moody’s: Oil Slump a Moderate CMBS Credit Negative

Falling oil prices represent a moderate credit negative for commercial mortgage-backed securities collateral and will cause performance to deteriorate in some metros, according to Moody’s Investors Service, New York. But a number of mitigating factors should limit the harm, including … Continue reading

Posted in CMBS, CMBS Conduit Loans, CMBS Securities, 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