Category Archives: Commercial Real Estate Loans

11.9.18: Why Is Non-Recourse Important?

One of the primary benefits of CMBS conduit loans is that they are non-recourse. As such, the borrower and guarantor (typically an individual who owns or controls the majority of the borrowing entity) are not personally liable for repayment of … Continue reading

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11.6.18: What Are Non-Recourse Carve-outs?

While all CMBS loans are non-recourse, there is a caveat. Nearly all non-recourse commercial real estate loans have provisions whereby if the individual(s) who own the property (known as the “sponsors”) commit what is referred to in the lending industry … Continue reading

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10.30.18: Denver Industrial Market Is Very Strong

ValueXpress is working on a CMBS conduit loan transaction secured by a multi-tenant industrial park in suburban Denver, Colorado. As with all our loan transactions, ValueXpress surveys the local market for the real estate asset class that is being financed … Continue reading

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ValueXpress Arranges $1,900,000 CMBS Loan to Refinance a Bridge Loan Closed in 2017 Secured by a Mixed-Use Retail/Office Building in Staten Island, NY

ValueXpress obtained a $1,900,000 CMBS conduit loan to replace a $1,725,000 bridge loan that was obtained by ValueXpress in October 2017. The bridge loan was used to acquire a 13,652-square-feet mixed-use building located in Staten Island, New York. The building … Continue reading

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10.26.18: ValueXpress Completes Its 500th Loan Closing

With the closing of the Speedee Mart and Rounder’s Neighborhood Grill CMBS conduit loan transaction, ValueXpress has closed its 500th transaction for a little over $2.2 billion in loan proceeds. “Our average loan size is around $4.4 million, so you … Continue reading

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10.22.18: Why Does ValueXpress Request Income & Expense Statements in Excel?

Borrowers give us a lot of pushback when we ask for property income and expense statements to be provided in Excel. We ask for property income and expenses at the beginning of a loan transaction in order to perform cash … Continue reading

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ValueXpress Secures a $6-Million CMBS Conduit Loan for a Retail Center Located in Henderson (Las Vegas), NV

ValueXpress has arranged a $6.0-million first mortgage CMBS conduit loan for the refinance of two adjacent retail buildings located in Henderson, Nevada. Henderson is a rapidly growing suburb of Las Vegas that is located approximately 10 miles southeast 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 , , , , , , | 1 Comment