Category Archives: Commercial Lending

2.2.18: IMPORTANT UPDATE: Fixed-Cost Program Available for CMBS Conduit Loans

Unrestricted cash-out and no personal guarantees are compelling features of CMBS conduit loans. To make CMBS conduit loans even more attractive, a “fixed cost” option is now available for loans between $2 million and $10 million. Furthermore, loan structure has … Continue reading

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1.30.18: ANOTHER IMPORTANT UPDATE: Announcing Significantly Improved Bridge Loan Terms!

ValueXpress has announced an exciting bridge loan program that we want our clients to have access to right away. Our investor is seeking mortgage loans on transitional and value-added real estate projects that require time and capital to re-position, perform … 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

1.24.18: Zions National Real Estate Program Available for Hotels After 10-Year Hiatus

Zions Bank National Real Estate lending program has reopened for hotels. While the Zion’s National Real Estate platform remained available through the financial crisis, the program was closed for hotels at that time. Zions Bank is now accepting applications for … Continue reading

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

ValueXpress Arranges $5.5-Million CMBS Conduit Loan for the Refinance of a 91-Room Best Western Hotel Located in Yuba City, CA

ValueXpress has arranged a $5,500,000 CMBS conduit loan for the refinance of a 91-room Best Western hotel located in Yuba City, California. The property is a two-story exterior-corridor hotel that was constructed in 1989. The loan provided for significant cash-out … 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 Obtains $9.5-Million Loan Commitment for a Holiday Inn Express Hotel in Maspeth, NY

ValueXpress obtained a $9.5-million first-mortgage loan commitment from a N.Y.-based community bank to refinance a $7.0-million loan that was arranged by ValueXpress five years ago with Community National Bank that is now maturing. The loan provides $1.5 million of proceeds … 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

1.5.18: Meet ValueXpress at the MBA CREF Conference in San Diego, CA

On February 11-14, 2018, Michael Sneden and Dennis Suh will be representing ValueXpress at the Mortgage Bankers Association Commercial Real Estate Finance (CREF)/Multifamily Housing Convention & Expo at the Marriott Marquis in San Diego, California. The conference is expected to … 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

1.2.18: CMBS Loan Volume in 2017 Exceeds Predictions

U.S. CMBS origination volume totaled $88 billion in 2017, up 17% from 2016’s $76 billion and far surpassing the average prediction of $75 billion by market professionals. Industry predictions for 2018 are for $75 billion of U.S. CMBS conduit originations. … 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