Category Archives: CMBS Conduit Loans

7.6.18: Meet with Dennis Suh and Mike Sneden at the Regional AAHOA Conference and Trade Show in Long Island, NY on August 7

On August 7, 2018, ValueXpress will be exhibiting at the Asian American Hotel Owners (AAHOA) Regional Trade Show in Long Island, New York. ValueXpress will be exhibiting at Atlantis Banquet & Events, 431 East Main Street, Riverhead, New York, 3:00 … Continue reading

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7.2.18: ValueXpress Revises Loan Document Checklist Required for a Loan Quote

Borrowers have two options to receive a loan proposal for a CMBS conduit loan. The first option is to request a Summary of Certain Indicative Terms, which is a one-page summary of the proposed loan terms that has not been … 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

ValueXpress Arranges $8,630,000 CMBS Conduit Loan for 2 Independent Hotels in Seaside, OR

ValueXpress has arranged an $8,630,000 first mortgage CMBS conduit loan for the Seaside Hotel Portfolio, consisting of the refinance of two independent hotels located in Seaside, Oregon. The purpose of the loan was to provide a return of equity to … 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

6.22.18: ValueXpress Fixed-Fee CMBS Program Takes Off

A few months ago, ValueXpress introduced a “fixed cost” CMBS conduit loan option for loans between $1.5 million and $12 million. “We closed our first loan a few weeks ago and have another three loans in the closing process,” commented … 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

6.15.18: Borrowers Seeing Improvements in CMBS Loan Servicing

A few years ago, the CRE Finance Council, a trade association for the commercial real estate finance industry, set up a task force to propose improvements to address long-running borrower complaints regarding the servicing of CMBS conduit loans. The formation … 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

ValueXpress Arranges $1,500,000 CMBS Conduit Loan Through Fixed-Fee Program for the Refinance of All City Plaza Located in Las Vegas, NV

ValueXpress has arranged a $1.5-million CMBS conduit loan for the refinance of a 17,512-square-foot neighborhood retail center located in Las Vegas, Nevada. The property was constructed in 1989 and is located less than four miles northeast of Downtown Las Vegas. … 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

6.4.18: Keep Contractor Work to a Minimum When Closing a CMBS Conduit Loan

We recently had to work through an issue on a relatively simple CMBS conduit loan. The transaction was a 50% loan-to-value (LTV) cash-out refinance of a small neighborhood shopping center that was 100% leased. One of the tenants that will … Continue reading

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