Tag Archives: commercial real estate finance

ValueXpress Arranges $8,630,000 CMBS Conduit Loan for 2 Independent Hotels in Seaside, OR

ValueXpress has arranged an $8,630,000 first mortgage CMBS conduit loan for the Seaside Hotel Portfolio, consisting of the refinance of two independent hotels located in Seaside, Oregon. The purpose of the loan was to provide a return of equity to … 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

3.28.18: Trepp: CMBS Delinquency Rate Rises Modestly for First Time Since June

The Trepp CMBS delinquency rate rose modestly in March. This is the first time the rate has ticked up since June 2017. The delinquency rate for U.S. commercial real estate loans in CMBS is now 4.55%, up 4 basis points … Continue reading

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

ValueXpress Arranges $5,950,000 CMBS Conduit Loan for the Refinance of a 75-Room Holiday Inn Express and Suites Hotel Located in Guymon, OK

ValueXpress has arranged a $5,950,000 CMBS conduit loan for the refinance of a 75-room Holiday Inn Express and Suites in Guymon, Oklahoma. The property is a 4-story hotel that was constructed in 2009. The loan provided for cash-out proceeds for … 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

4.29.16: CMBS Prices Stable (and That’s a Good Thing)

CMBS spreads for the benchmark AAA-rated super senior CMBS bonds remained range bound in the vicinity of 130 basis points (bp) over swaps. A recent deal priced below that level and a new deal in the market provided price guidance … 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

4.1.16: CMBS Conduit Loan Spreads Rally (Again)

CMBS spreads tightened further this week as two CMBS issues priced at levels tighter than a CMBS offering led by Wells Fargo that priced on March 18. The benchmark AAA-rated super senior CMBS bonds from the most recent $818-million offering … Continue reading

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

1.22.16: CMBS Spreads Continue to Drift Wider

CMBS spreads continue to drift wider in 2016, following a pattern of wider spreads that began in the summer of 2015. Three CMBS deals in the market have released pricing guidance in the range of 155-158 basis points (bp) over … 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

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