Michael D. Sneden, Executive Vice President at ValueXpress, will participate on a panel of commercial real estate lenders at the 33rd Annual Regional Conference of MBAs to be held March 13-17, 2016 at Harrah’s Convention Center in Atlantic City, N.J.
On Tuesday, March 15th Mike will participate on the Traditional Lenders Panel moderated by Ron Shapiro, Assistant Professor in the Finance and Economics Department of Rutgers University Business School. Panelists include lending executives from leading commercial banks in the region, including Capital One, KeyBank Real Estate, TD Bank and BB&T.
“I am looking forward to sharing my observations on the current state of commercial real estate lending,” commented Michael D. Sneden. “With interest rates rising on CMBS conduit loans due to investors in CMBS securities requiring higher returns, balance sheet lenders, such as our affiliate bank, Country Bank, have a competitive advantage in the market right now in terms of lower interest rates. It will be interesting to hear if my colleagues are seeing an uptick in loans or whether intense competition for good deals is such that no one lender is capturing much additional business from CMBS borrowers.”
The conference features both a Commercial program and a Residential program. The Commercial program kicks off with a cocktail reception on Sunday evening, March 13th. The Commercial segment concludes Tuesday afternoon, at which time the Residential program kicks off with programs that run through Thursday. For additional information and to sign up, visit http://www.eventsmbanj.net/attendee-registration.html.