Since May, ValueXpress has been participating in the education and training of professionals in commercial loan origination (CLO) as part of Commercial Capital Training Group’s (CCTG) education program. The ValueXpress CMBS presentation, which includes a review of the company’s specialty niche of … [Read more...] about 8.29.12: Brokers: How to Get an MBA in CLO
Archives for August 2012
8.24.12: Calm Before the CMBS Issuance Storm
After only one issue at the beginning of August, the CMBS market is preparing for a flurry of deals in September and October. CMBS conduit shops are expected to team up, mainly with their usual partners; in September, the market can expect deals from JPMorgan/CIBC, UBS/Barclays, RBS/Wells Fargo, … [Read more...] about 8.24.12: Calm Before the CMBS Issuance Storm
8.20.12: Energy Boom Boosting Texas Hotel Performance
Jay Bhakta, a senior loan originator at the ValueXpress Jackson, MS office, has lived in Jackson, MS for over 20 years. During that time he has become a well-known financier to the Asian-American community, having financed numerous hotels, gas stations and fast food/convenience stores in the past … [Read more...] about 8.20.12: Energy Boom Boosting Texas Hotel Performance
8.17.12: Barclays: More Investors Now Focused on Both RMBS and CMBS
Investors in the non-agency secondary mortgage markets are now looking at opportunities across asset classes, according to Barclays Capital. "Since 2009, non-agency RMBS and CMBS have posted extraordinary price returns," said Barclays analysts in an email late Friday. "We believe more investors are … [Read more...] about 8.17.12: Barclays: More Investors Now Focused on Both RMBS and CMBS
8.10.12: ValueXpress Looking for Loan Originators
Last November, I put out a call for loan originators to join our team; at that time Kevin Monahan and Leon Elliott came aboard. Kevin has approximately 10 deals committed and Leon has well over $60 million in loans approved, including a $32-million hotel portfolio loan and a $24-million office … [Read more...] about 8.10.12: ValueXpress Looking for Loan Originators
8.7.12: July Payoff Report: Percentage of Loans Paying Off Hits New 12-Month Low
The percentage of loans paying off on their balloon date hit a 12-month low last month, according to the just-released Trepp July 2012 Payoff Report. With only 26.3% of loans reaching their balloon date paid off, the July total was well under the 12-month average of 41.6%. (This number simply sums … [Read more...] about 8.7.12: July Payoff Report: Percentage of Loans Paying Off Hits New 12-Month Low
8.1.12: Second-Quarter Commercial/Multifamily Mortgage Originations Up 25% from a Year Ago
Washington, DC (July 31, 2012) – Commercial/multifamily mortgage origination volumes during the second quarter of 2012 were up 25% from second-quarter 2011 levels and up 39% from the first quarter of 2012, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of … [Read more...] about 8.1.12: Second-Quarter Commercial/Multifamily Mortgage Originations Up 25% from a Year Ago