Michael D. Sneden, Executive Vice President of ValueXpress, was interviewed by Commercial Capital Training Group (CCTG). Click below to listen to what Mike has to say about CCTG: … [Read more...] about 7.22.16: See Mike Sneden Discuss Commercial Capital Training Group
Archives for July 2016
This week we received calls from two of our borrowers who were shocked when they received cash management trigger notices from their loan servicers. One noted that the property had just completed a 12-month period in which the property had the highest profit in its history. He said, “What’s going on … [Read more...] about 7.18.16: Watch for Trigger Events
A few years ago I wrote about predatory Americans with Disabilities Act (ADA) litigation that affected one of our clients. He paid $25,000 to settle a lawsuit brought by an attorney for a guest alleging that the ADA grab bars in the hotel shower were too high. Although the suit was without merit, … [Read more...] about 7.13.16: Why an Arizona Woman Sued More Than 30 Hotels at Which She’d Never Stayed!
Rialto Capital has agreed to buy the subordinate portion of the first commercial MBS deal that will be structured to comply with impending risk-retention rules, according to Commercial Mortgage Alert. The roughly $800-million offering is scheduled to hit the market this month. It will be backed by … [Read more...] about 7.8.16: Latest Twist in Risk-Retention Structure
Tim Wackel, founder of The Wackel Group, is this year's main conference keynote speaker at the National Alliance of Commercial Loan Brokers (NACLB) Convention. Tim combines more than 25 years of successful sales leadership with specific client research and he delivers high-impact programs that go … [Read more...] about 7.5.16: Master Sales Trainer Tim Wackel Announced as the Keynote Speaker for NACLB Convention