Author Archives: valuexpressllc

9.14.18: Loan Submissions Rise in September for ValueXpress

Loan submissions have increased dramatically in September at ValueXpress. The firm is seeing strong demand for CMBS conduit loans secured by hotels, self-storage, retail, office and industrial properties. “As often happens at this time of year, the summer slowdown is … 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

9.11.18: How ValueXpress Negotiates the Best Terms for Its Clients

The greatest value ValueXpress brings to a deal is our 30 years of experience in negotiating the best loan terms for our clients. Having completed over 400 loan transactions, we at ValueXpress are aware of all the negotiable loan provisions, … 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

9.7.18: CMBS Issuance Resumes After Summer Slowdown

At least three CMBS multi-borrower conduit issues totaling $3.2 billion are expected to be brought to market in the next week or so. These offerings are the first since August 10th and follow a relatively slow summer period for CMBS … 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

ValueXpress Arranges $6,000,000 CMBS Conduit Loan Through Fixed-Fee Program for the Refinance of Commercial Self-Storage – Castleton (Indianapolis), IN

ValueXpress has arranged a $6,000,000 CMBS conduit loan for the refinance of a 66,800-square-foot self-storage facility located in the Castleton section of Indianapolis. The property was purchased by the sponsor, Jim Sapp, in December 2009. At acquisition, the property contained … Continue reading

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

8.31.18: CBRE Reports on Cap Rates at Mid-Year

CBRE recently published its survey of capitalization rates (cap rates) for income producing commercial real estate (retail, office, industrial, multifamily and hotel) as of June 30, 2018. CBRE notes that cap rates were little changed in the first half of … Continue reading

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

8.27.18: Kroll Special Report: TRU 2016-TOYS Auction Results

Kroll Bond Rating Agency, Inc. (Kroll) recently released a special report on an auction of real estate properties that were occupied by Toys “R” Us. The auction was conducted over a two-day period on August 13 and 14, 2018. Of … Continue reading

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

8.21.18: Who Would Have Thought of That?

Sometimes it is close to impossible to structure for all of the risks of a commercial loan. In one CMBS conduit loan, The Crossings Shopping Center located in Elkins, West Virginia, the loan defaulted due to an unanticipated event. On … Continue reading

Posted in 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