Category Archives: Michael D. Sneden

10.12.18: Meet with Dennis Suh and Mike Sneden at the Northeast/Syracuse Regional AAHOA Conference and Trade Show in Syracuse, NY on October 30

On October 30, 2018, ValueXpress will be exhibiting at the Asian American Hotel Owners (AAHOA) Northeast – Syracuse Regional Trade Show in Syracuse, New York. The Trade Show at the Embassy Suites Syracuse Destiny, 311 Hiawatha Blvd W, Syracuse, New … Continue reading

Posted in AAHOA, 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

10.10.18: Sears Is on the Ropes…

Wall Street apparently thinks the end is near for Sears. The stock price for Sears Holdings, owner of retail store brands Sears and Kmart, fell significantly on news that the CEO and largest shareholder Eddie Lampert will not lend the … Continue reading

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

10.3.18: Land Leases Are Okay in CMBS

Land leases are financeable in CMBS as long as the land lease meets certain criteria. First, CMBS lenders prefer that the land lease payment be fixed or have modest escalation of the lease term. In addition, lenders prefer that 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 , , , , , | Leave a comment

ValueXpress Arranges $8.6-Million CMBS Conduit Loan for the Refinance of a 98-Room Staybridge Suites Hotel in San Antonio, TX

ValueXpress has arranged an $8.6-million CMBS conduit loan for the refinance of a Staybridge Suites constructed in 2009 located near SeaWorld in San Antonio. SeaWorld San Antonio is a 250-acre marine mammal park, oceanarium, and animal theme park in 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 , , , , , | Leave a comment

9.28.18: ValueXpress to Exhibit at the 4th Annual National Alliance of Commercial Loan Brokers Conference & Expo

ValueXpress will be exhibiting at the 4th Annual National Alliance of Commercial Loan Brokers (NACLB) Conference & Expo at the Trump National Doral in Miami, Florida. The conference begins on Tuesday, October 16 with an opening cocktail reception and concludes … Continue reading

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9.22.18: Hoteliers, Watch Your Alignment

ValueXpress has now completed over 200 CMBS conduit loans for hotels. We have financed every hotel brand in the United States! The most popular brands for refinance for us are Holiday Inn Express and Hampton Inn. Many of our hotel … Continue reading

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9.19.18: Observation Decks Can Be Big Moneymakers!

Observation decks atop Manhattan’s World Trade Center, Rockefeller Center and the Empire State Building offer sweeping panoramas that “stretch for miles,” according to a recent article in the Wall Street Journal. The three viewing platforms attract more than 9 million … 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