Monthly Archives: July 2016

7.22.16: See Mike Sneden Discuss Commercial Capital Training Group

Michael D. Sneden, Executive Vice President of ValueXpress, was interviewed by Commercial Capital Training Group (CCTG). Click below to listen to what Mike has to say about CCTG:

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

7.18.16: Watch for Trigger Events

This week we received calls from two of our borrowers who were shocked when they received cash management trigger notices from their loan servicers. One noted that the property had just completed a 12-month period in which the property had … Continue reading

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

7.13.16: Why an Arizona Woman Sued More Than 30 Hotels at Which She’d Never Stayed!

A few years ago I wrote about predatory Americans with Disabilities Act (ADA) litigation  that affected one of our clients. He paid $25,000 to settle a lawsuit brought by an attorney for a guest alleging that the ADA grab bars … Continue reading

Posted in Commercial Lending, Commercial Real Estate Loans, MBA CREF Convention 2011, News & Recent Closings, The Banker's Mortgage Conduit, Valuexpress | Tagged , | Leave a comment

ValueXpress Obtains $13.6-Million CMBS Conduit Loan for a Neighborhood Shopping Center in Charleston, WV

ValueXpress obtained a $13.6-million first-mortgage CMBS conduit loan that was utilized to refinance existing debt secured by a one-story, 210,000-square-foot community shopping center located on I-79 near Charleston, West Virginia. The property is currently 92% occupied by 21 tenants. The … 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

7.8.16: Latest Twist in Risk-Retention Structure

Rialto Capital has agreed to buy the subordinate portion of the first commercial MBS deal that will be structured to comply with impending risk-retention rules, according to Commercial Mortgage Alert. The roughly $800-million offering is scheduled to hit the market … Continue reading

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

7.5.16: Master Sales Trainer Tim Wackel Announced as the Keynote Speaker for NACLB Convention

Tim Wackel, founder of The Wackel Group, is this year’s main conference keynote speaker at the National Alliance of Commercial Loan Brokers (NACLB) Convention. Tim combines more than 25 years of successful sales leadership with specific client research and he … Continue reading

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

6.28.16: Kroll Reports on John Q. Hammonds’ Bankruptcy Effect on Its CMBS Loans

On June 28, John Q. Hammons Hotels & Resorts announced that the Revocable Trust of John Q. Hammons (JQH Trust) and its related affiliates (the affiliated group) have filed voluntary petitions in order to restructure under Chapter 11 of the … 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