Archives for January 2014

Commercial/multifamily mortgage debt outstanding increased by $25.2 billion in the third quarter, as all four investor groups increased their holdings, according to the Mortgage Bankers Association (MBA). In its MBA Commercial Real Estate/Multifamily Finance Mortgage Debt Outstanding - Q3 report, … [Read more...] about 1.29.14: Commercial/Multifamily Mortgage Debt Posts Largest Increase Since 2008

As 1 of only 20 “by invitation” sponsors, ValueXpress has committed be a part of the Asian American Hotel Owners Association (AAHOA) inaugural “Deal Connection.” The event – Turning Silver into Gold – will occur during the 2014 AAHOA Annual Convention, which begins in Philadelphia on Wednesday, … [Read more...] about 1.24.14: ValueXpress to Participate in AAHOA’s Inaugural “Deal Connection”

Due to an overwhelming request for marketing support by graduates of the Commercial Capital Training Group (CCTG) program, ValueXpress will develop marketing material for graduates to use when pitching CMBS conduit loans to their clients. In collaboration with Jon Cosentino and Kris Roglieri, … [Read more...] about 1.21.14: ValueXpress to Assist in Marketing Program for CCTG

J.C. Penney said it will close 33 underperforming stores and lay off 2,000 employees as the venerable but troubled retailer continues a sweeping turnaround effort. Penney said the closings are part of its turnaround, which began in April when Myron (Mike) Ullman returned to lead the company. He's … [Read more...] about 1.15.14: J.C. Penney to Close 33 Stores

Michael D. Sneden, Executive Vice President of ValueXpress, will be representing the firm at the Mortgage Bankers Association Commercial Real Estate Finance (CREF)/Multifamily Housing Convention and Expo at the Hyatt Regency in Orlando, Florida February 2-5, 2014. The convention is expected to … [Read more...] about 1.10.14: Meet Me at the MBA in Orlando, FL