Tag Archives: real-estate

1.14.19: Report from CREFC

Sentiment was a mix of guarded optimism with a small dose of caution at the January Commercial Real Estate Finance Conference (CREFC) held in Miami, Florida this year. At this 20th annual conference, just under 1,900 registered attendees examined real … Continue reading

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1.10.19: Sears Survives . . . for Now; Shopko Declares Bankruptcy

Sears Holdings Corp Chairman Eddie Lampert prevailed in a bankruptcy auction for the department store chain with an improved takeover bid of roughly $5.2 billion, allowing the 126-year-old retailer to keep its doors open. Lampert’s bid, boosted from an earlier … Continue reading

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

ValueXpress Secures a $1,443,750 Community Bank Loan for the Purchase of a Warehouse in Houston, TX for Long-Time Client

ValueXpress obtained a $1,443,750 first-mortgage loan that was utilized to purchase a 32,800-square-foot, two-building warehouse complex located at 510 Midland Avenue in Houston, Texas. The building will be owner-occupied by an affiliated company owned by the client. The loan was … Continue reading

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ValueXpress Arranges $7,250,000 CMBS Conduit Loan for the Refinance of an 88-Room Quality Suites Located in Atlanta, GA

ValueXpress has arranged a $7.25-million CMBS conduit loan for the refinance of a three-story Quality Suites hotel constructed in 1990 and renovated in 2015-2017. The hotel is located in the Buckhead Village section of Atlanta, Georgia. Amenities include a meeting … Continue reading

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12.18.17: Tell the Truth, Please – CMBS Conduit Loan Disclosure Tip

One of the many benefits of CMBS conduit loans is the ability to get loans approved in which the owner of the property has derogatory credit history. Examples of prior credit issues that could negatively impact a loan approval decision … 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

11.1.17: Multifamily Trends – Vacancies Rise as Supply Exceeds Demand

Property managers are offering larger and larger concessions to try to attract tenants to their apartment communities, but the vacancy rates are inching higher anyway. The percentage of vacant apartments in Manhattan in October rose to 2.47%, up from 2.39% … Continue reading

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

6.9.17: Industrial Warehouse Buildings Are Hot!

Industrial warehouse real estate is one of the hottest sectors in commercial real estate this year, with e-commerce boosting demand. Many markets are reporting industrial building space is being gobbled up quickly, with Amazon leading the way. In New Jersey, … 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