Recently ValueXpress exhibited at the Asian American Hotel Owners (AAHOA) Northeast – Syracuse Regional Trade Show in Syracuse, New York. The event provided the ability for ValueXpress to speak one-on-one with hotel owners regarding their upcoming financing needs.
Dennis Suh at the ValueXpress booth at AHHOA Regional, Syracuse, NY
“This event, as well as other AAHOA regionals, is very important for ValueXpress and its clients,” commented Dennis Suh, Senior Vice President at ValueXpress. “I have a client in Syracuse who has been dramatically improving the performance of his hotel, and he invited me and my associate Michael Sneden to visit the property and stay overnight.”
“Dennis and I were very impressed with hotel,” noted Michael Sneden, Executive Vice President at ValueXpress. “The property had been recently renovated and looks great. Dennis snapped dozens of pictures and took copious notes on all the property achievements to bring back for credit approval.”
“Without physically visiting the property, I don’t think we would have appreciated what has been done,” said Suh. “We brought that enthusiasm to credit and are well on our way toward closing a $5-million CMBS conduit loan for this client.”