Monthly Archives: October 2017

10.27.17: Great Rates for Borrowers as CMBS Spreads Approach Post-Crash Low

A current rally has pushed the long-term super-senior AAA-rated CMBS bonds near the lowest levels that prevailed before the financial crisis in 2008-2009. On Friday, Morgan Stanley, Bank of America and Wells Fargo priced the super-senior CMBS from a $944-million … Continue reading

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10.24.17: ValueXpress Helps Clients with CMBS Insurance Claims

The destructive natural disasters, including hurricanes, wildfires and tornados, that have occurred this year are resulting in a spike in insurance claims for CMBS borrowers. Many of our clients are reaching out to ValueXpress for assistance with coordinating approvals of … Continue reading

Posted in CMBS, 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

10.20.17: Office Trends — Flexibility and Work/Life Balance

In order to attract and retain talented workers, corporate property managers need to accommodate “flexible working,” according to Regus, a leading provider of small office workspaces with 3,000 locations in 120 countries. More than 50% of workers now work outside … Continue reading

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

ValueXpress Obtains a $3.5-Million CMBS Conduit Loan for a 66-Room Holiday Inn Express Located in Dayton, TN

ValueXpress has arranged a $3.5-million CMBS conduit loan for the refinance of a three-story Holiday Inn Express hotel constructed in 2006. The hotel is located in Dayton, Tennessee, 40 miles northeast of Chattanooga. The sponsor purchased the property in 2010 … Continue reading

Posted in CMBS, 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

10.12.17: CMBS Conduit Loan Originations Up 5%

Through the first three quarters of 2017 CMBS conduit loan originations are up 5%, as measured by CMBS securities issuance. According to Commercial Mortgage Alert, CMBS conduit issuance as of September 30, 2017 totaled $33.8 billion compared with $32.2 billion … Continue reading

Posted in CMBS, 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

10.9.17: Discussion Under Way to Improve CMBS Servicing

Industry professionals are recognizing that the long-term appeal of CMBS for commercial real estate finance may be diminished if the borrower experience with loan servicing is poor. Recently, Stacey Berger, an Executive Vice President, and Bob Wright, a Senior Vice … 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

10.4.17: Cash-Out SBA 7(a) Loans Now Available

ValueXpress has partnered with a non-bank SBLC licensed SBA 7(a) lender to originate SBA 7(a) loans nationwide that allow for cash-out proceeds to the borrower for a refinance. The firm has a Preferred Lenders Program (PLP) designation, and therefore, the … Continue reading

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