Category Archives: News & Recent Closings

8.18.17: Dennis Suh to Represent ValueXpress at SSA Conference & Trade Show

Dennis Suh will be representing ValueXpress at the Self-Storage Association’s (SSA) 2017 Fall Conference & Trade Show. The conference, which will be held at Caesar’s Palace in Las Vegas, Nevada, begins on Tuesday, September 5 with conference and trade show … Continue reading

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8.14.17: Which Hotel Brands Are Eligible for CMBS Conduit Loans?

Most borrowers are aware that hotel properties are eligible for CMBS conduit loans. However, some sponsors mistakenly believe that all hotels are eligible for CMBS conduit loans, but that is not true. In general, independent hotels that are not operated … 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

8.9.17: Remember, ValueXpress Will Help Clients Through the Assumption Process

ValueXpress has many borrower clients who obtain CMBS conduit loans for the sole purpose of selling the property under the assumption clause. How many times have we heard “the acquisition deal fell apart because the buyer could not secure financing?” … 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 Obtains $1,725,000 Bridge Loan for the Acquisition of a Mixed-Use Retail/Office Building in Staten Island, NY

ValueXpress obtained a $1,725,000 bridge loan that was utilized to acquire a 13,652 square feet mixed-use building located in Staten Island, New York. The building is 97% occupied and leased to a mix of local retail and office tenants. “The … 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

8.4.17: Dennis Suh Promoted to Senior Vice President at ValueXpress

ValueXpress LLC has announced the promotion of Dennis Suh to Senior Vice President, Originations. The announcement was made by Michael D. Sneden, Executive Vice President at ValueXpress. “Dennis’s passion for structuring loan transactions that provide the best terms for his … 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

7.31.17: ValueXpress Actively Pursuing Bridge Loans

One method to increase CMBS conduit loan originations is to provide bridge loans on assets that are eligible for CMBS conduit loans, but are temporarily underperforming. Typical situations are properties that may be in lease-up, perhaps in conjunction with a … 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

7.26.17: Today’s Blue Light Special … a Refund of Your CMBS Good Faith Deposit at Closing

With the potential demise of Kmart the old “Blue Light Special” may become a thing of the past. Kmart became known for its “Blue Light Specials” that occurred at surprise moments when a store worker would light up a mobile … 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