Tag Archives: business

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

5.9.17: CMBS Conduit Loan Volume Increasing

More borrowers are securing CMBS conduit loans as we progress in 2017, as evidenced by trends in the issuance of CMBS conduit securities. CMBS conduit issuance of $15.2 billion in the first quarter of 2017 fell short of the $19.2 … Continue reading

Posted in 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 Obtains $1,750,000 SBA 7(a) Loan Secured by a 57-Room Super 8 Hotel in Clinton, MS

ValueXpress has obtained a $1,750,000 SBA 7(a) loan for Hospitality Solutions, Inc., secured by a 2-story, 57-room limited-service franchised hotel operating under the Super 8 franchise. The property was constructed in 2002. The loan allowed the existing 50% owner of … Continue reading

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

5.15.15: ValueXpress Sponsors 12th Annual Bhakta Open

ValueXpress was a sponsor of the 12th Annual Bhakta Open Golf Tournament that took place on Saturday, May 8, 2015 and Sunday, May 9, 2015. This year’s Bhakta Open was held in Palm Springs, California at the breathtaking La Quinta … Continue reading

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ValueXpress Obtains $15-Million CMBS Conduit Loan for the Refinance of the Ambridge Regional Distribution and Manufacturing Center in Ambridge (Pittsburgh), PA

ValueXpress has arranged a $15-million CMBS conduit loan for the refinance of a 1-million-square-foot warehouse and light manufacturing industrial park located in Ambridge, PA, 15 miles north of Pittsburgh. The property features 22 buildings that were constructed in stages between … Continue reading

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

4.13.15: Is Credit Quality Eroding for CMBS Conduit Loans

Last March we reported on deteriorating credit quality based on data provided by the rating agency Kroll. At that time, Kroll reported gradual┬ádeterioration over the prior year in underwriting standards for the 20 largest loans in Kroll-rated transactions, particularly at … Continue reading

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

4.6.15: SBA Guarantee Premiums Remain at Attractive Levels

It has been a while since we reported on the sale of SBA 7(a) loan guarantees, primarily because pricing has not moved much over the past year. After post-crash premiums peaked at 118.75 in February 2013, pricing gradually declined during … Continue reading

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