On March 30-31, 2016, ValueXpress exhibited at the annual Asian American Hotel Owners (AAHOA) Trade Show, which was held in Nashville, Tennessee this year. The sold-out trade show was attended by a record crowd of Asian American hoteliers ready to put recent volatility in CMBS lending behind them … [Read more...] about 3.31.16: AAHOA Trade Show in Nashville, TN a Huge Success
Archives for March 2016
Falling oil prices represent a moderate credit negative for commercial mortgage-backed securities collateral and will cause performance to deteriorate in some metros, according to Moody's Investors Service, New York. But a number of mitigating factors should limit the harm, including limited CMBS … [Read more...] about 3.28.16: Moody’s: Oil Slump a Moderate CMBS Credit Negative
On March 30-31, 2016, ValueXpress will be exhibiting at the annual Asian American Hotel Owners (AAHOA) Trade Show in Nashville, Tennessee. ValueXpress will be located in Booth 374 at the Gaylord Opryland Resort & Convention Center noon-6:00 p.m. on Thursday, March 30 and Friday, March 31. … [Read more...] about 3.18.16: ValueXpress Exhibiting at AAHOA Trade Show in Nashville, TN
After an extended period of widening spreads on CMBS bonds, spreads tightened significantly this past week. The tightening provided relief to market participants that have seen CMBS conduit lenders pull back from originating new CMBS conduit loans until the market for CMBS securities improved. The … [Read more...] about 3.16.16: CMBS Conduit Loan Spreads Rally
Joseph Kelly, Senior Director at Kroll Bond Rating Agency (KBRA), recently spoke at the Regional Conference of Mortgage Bankers convention in Atlantic City, New Jersey. KBRA was established in 2010 in an effort to restore trust in credit ratings by creating new standards for assessing risk and by … [Read more...] about 3.9.16: Did You Know Kroll’s CMBS Reports Are Free?
ValueXpress has started origination of 5-year fixed-rate CMBS conduit loans with a partner. The loans will be held on the partner’s balance sheet until volatility in the CMBS market subsides. The 5-year fixed-rate program features interest rates in the 5.5% area and is available for all typical CMBS … [Read more...] about 3.4.16: 5-Year Fixed-Rate CMBS Loans (No B-Buyer Approval Needed!)
About one-third of Sports Authority stores will be shut down or sold as the company filed for bankruptcy, the company announced Wednesday morning. Sports Authority plans to close about 140 of its 463 stores over the next three months as it seeks a buyer. Distribution centers in Denver and Chicago … [Read more...] about 3.2.16: Sports Authority Files for Bankruptcy