Tag Archives: construction loan

7.1.14: Sizing Cheat Sheet for Non-Recourse Hotel Construction Loans

We recently had a conference call with our non-recourse construction lender who laid out a nifty concept to perform a “rough and dirty” loan sizing for hotel construction loans. ValueXpress will be converting these instructions into a simple model that … Continue reading

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

5.12.14: Non-Recourse Construction Loans Are Back!

In another sign of real estate investors looking for opportunities for investment, financial services companies are beginning to offer non-recourse construction/rehabilitation loans for typical CMBS-quality assets. CMBS-quality assets are preferred as the expected exit strategy is a fixed-rate CMBS conduit … Continue reading

Posted in CMBS, CMBS Conduit Loans, 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 a $7.5-Million Bridge Loan for a 94-Room Hampton Inn and Suites located in the Dallas-Fort Worth Metroplex

ValueXpress obtained a $7.5-million bridge loan for the refinance of a construction loan that was utilized to build a 94-room Hampton Inn hotel that opened in April 2013. The property is a four-story interior-corridor structure with a stone and stucco … Continue reading

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

ValueXpress Obtains $5-Million SBA 7(a) Loan Commitment for an Independent Limited Service Hotel in Brooklyn, NY

ValueXpress obtained a $5-million first-mortgage loan commitment with its New York banking partner, Country Bank, from the SBA for an independent hotel located in Brooklyn, N.Y. The loan will refinance a $5-million construction loan that was utilized to construct a … Continue reading

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