Category Archives: Michael D. Sneden

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

9.29.17: Reach Out to Community Banks for CMBS & Non-CMBS Opportunities

ValueXpress is always looking for effective avenues to find borrowers that may be interested in CMBS conduit loans. Until recently, a steady source of CMBS conduit loan originations resulted from refinancing maturing 10-year term CMBS conduit loans closed in 2006-2007 … 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

9.25.17: ValueXpress Is Refreshing Its Website

ValueXpress is updating its website to incorporate advances in technology since we first launched our website in 2006. The current website has won awards for its graphics and we have updated it piecemeal over time, but it’s time for a … Continue reading

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

9.18.17: ValueXpress to Be a Sponsor of the 12th Annual Vishal Bhagat Memorial Golf Tournament

ValueXpress has committed to be a sponsor of the 12th annual Vishal Bhagat Memorial Golf Tournament, which will take place at the NorthShore Country Club in Portland (Corpus Christi), Texas on Friday, November 3, 2017 and Saturday, November 4, 2017. … 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 Arranges $30-Million Permanent Loan for the Refinance of the Embassy Suites Hotel in Chattanooga, TN

ValueXpress has arranged a $30-million permanent loan for the refinance of the Embassy Suites Hotel in Chattanooga, Tennessee. The transaction was orchestrated by Charlie Lobetti, who manages the ValueXpress office in Knoxville, Tennessee. The transaction provided for a cash-out return … 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