Category Archives: SBA 504

ValueXpress Arranges $3-Million Commercial Loan Through Country Bank for the Refinance of a 7,000-Square-Foot Retail Building in Brooklyn, NY

ValueXpress has arranged a $3-million commercial real estate loan through its affiliated bank, Country Bank, for the refinance of a 7,000-square-foot, single-story retail building located on Linden Street in Brooklyn, New York. The proceeds of the loan retired an SBA … Continue reading

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

2.27.18: SBA 504 Program Works Well for Hotel Purchases

We at ValueXpress have a niche business in the SBA 504 program. We assist our clients in the purchase of generally mid-scale hotels such as Hampton Inn and Holiday Inn Express brands using the SBA 504 program. Why use the … Continue reading

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

2.16.18: Meet with Jay Bhakta and the ValueXpress Team at the Annual AAHOA Convention & Trade Show in National Harbor, MD – Booth #727

On March 28-29, 2018, ValueXpress will be exhibiting at the annual Asian American Hotel Owners (AAHOA) Trade Show in National Harbor, Maryland. ValueXpress will be located in Booth 727 at the Gaylord National Resort & Convention Center 11:00 a.m.-5:00 p.m. … Continue reading

Posted in AAHOA, CMBS Conduit Loans, Commercial Lending, Commercial Real Estate Loans, Michael D. Sneden, News & Recent Closings, SBA 504, SBA 7(a), SBA Loans, 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 Obtains $5.5-Million CMBS Conduit Loan for the Refinance of a 78-Room Hampton Inn & Suites in Richland, MS

ValueXpress has arranged a $5,500,000 CMBS conduit loan for the refinance of a four-story Hampton Inn hotel constructed in 2015. The loan provided an opportunity to pay off an existing SBA 504 loan and some additional high-cost construction debt. The … Continue reading

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

3.13.17: ValueXpress Exhibiting at AAHOA Annual Convention and Trade Show in San Antonio, TX

On April 12-13, 2017, ValueXpress will be exhibiting at the annual Asian American Hotel Owners (AAHOA) Trade Show in San Antonio, Texas. ValueXpress will be located in Booth 1141 at the Henry B. Gonzalez Convention Center noon-6:00 p.m. on Wednesday, … Continue reading

Posted in AAHOA, CMBS Conduit Loans, Commercial Lending, Commercial Real Estate Loans, Michael D. Sneden, News & Recent Closings, SBA 504, SBA 7(a), The Banker's Mortgage Conduit, Valuexpress | Tagged , , , , , , | Leave a comment

12.3.16: SBA Improves Cash-Out 504 Refinance Program

In December 2015, Congress approved a change to the SBA 504 program to allow refinanced properties to be eligible for the program. Prior to the change, the program was available for purchase transactions only. The summary of the rules at … Continue reading

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