Category Archives: SBA 504

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

ValueXpress Arranges $3.15-Million SBA 504 Loan for the Purchase of a 16,000 SF Industrial Building in Brooklyn, NY

ValueXpress has arranged a $3.15-million SBA 504 loan for the purchase of a 16,187-square-foot industrial building located in the East Flatbush neighborhood of Brooklyn, New York. The building was constructed in 1930 and is situated on a 0.334-acre site. The … Continue reading

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

4.5.16: SBA Close to Restarting 504 Loan Refinance Program

After years of advocating on Capitol Hill by commercial real estate industry leaders, the SBA 504 Loan Refinancing Program was permanently reinstated on December 18, 2015, more than three years after it expired in 2012. Also known as the Commercial … Continue reading

Posted in 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

3.18.16: ValueXpress Exhibiting at AAHOA Trade Show in Nashville, TN

On March 30-31, 2016, ValueXpress will be exhibiting at the annual Asian American Hotel Owners (AAHOA) Trade Show in Nashville, Tennessee. ValueXpress will be located in Booth 374 at the Gaylord Opryland Resort & Convention Center noon-6:00 p.m. on Thursday, … 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 Loan Processing, SBA Loans, The Banker's Mortgage Conduit, Valuexpress | Tagged , , , , | Leave a comment

1.18.16: ValueXpress Establishes New Nationwide Relationship for SBA 7(a) Loans

ValueXpress recently established a relationship with a nationwide SBA 7(a) lender to originate SBA 7(a) loans on owner-occupied properties throughout the United States. “We have been so active in CMBS conduit lending that our SBA 7(a) and SBA 504 platforms … Continue reading

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