ValueXpress has committed to be a sponsor of the 10th Annual Vishal Bhagat Memorial Golf Tournament, which will take place at the North Shore Country Club in Portland (Corpus Christi), Texas on Friday, November 13, 2015 and Saturday, November 14, 2015. The event is the primary fundraiser for … [Read more...] about 8.26.15: ValueXpress to Be a Sponsor of the 10th Annual Vishal Bhagat Memorial Golf Tournament
Archives for August 2015
8.21.15: Big Box Redevelopment Can Be Successful
ValueXpress was recently engaged by the owner of two retail properties, a retail power center in Dover, Delaware and a neighborhood shopping center in Wilmington, Delaware to obtain a CMBS conduit loan to refinance the two existing CMBS conduit loans that are … [Read more...] about 8.21.15: Big Box Redevelopment Can Be Successful
8.18.15: CMBS Prices Continue to Weaken, But Rebound Expected
CMBS spreads reached a two-year high amid high levels of issuance and volatility in world capital markets. The long-term, super senior bonds from the most recent offering, led by Wells Fargo and Societe Generale, priced at a spread of 120 basis points (bp) over swaps. This level was the same as the … [Read more...] about 8.18.15: CMBS Prices Continue to Weaken, But Rebound Expected
8.12.15: Best to Jump on Long Lead Items for a CMBS Loan
An important skill set that ValueXpress brings to CMBS conduit lending is experience. The firm has now arranged over 400 CMBS conduit loans with a principal balance in excess of $1.5 billion. Processing CMBS conduit loans efficiently to create a good experience for both the borrower and lender is a … [Read more...] about 8.12.15: Best to Jump on Long Lead Items for a CMBS Loan
8.7.15: ValueXpress Help Extends Past Closing
Many mortgage brokers pretty much disappear after loan closing, moving on to the next closing. However, post-closing, CMBS conduit loans generally require more servicing documentation than other types of commercial loans on a quarterly basis. This data, mainly financial reporting, can overwhelm … [Read more...] about 8.7.15: ValueXpress Help Extends Past Closing
8.4.15: Risk Retention Rules for CMBS Not Far Away
On October 22, 2014, the federal regulatory agencies responsible for implementing regulations under Dodd-Frank risk-retention rules for CMBS transactions finalized the rules. In a nutshell, the rules will effectively apply to the riskiest 5% of each CMBS issue. With CMBS issues averaging roughly $1 … [Read more...] about 8.4.15: Risk Retention Rules for CMBS Not Far Away