ValueXpress has committed to be a sponsor of the 11th annual Vishal Bhagat Memorial Golf Tournament, which will take place at the NorthShore Country Club in Portland (Corpus Christi), Texas on Friday, November 4, 2016 and Saturday, November 5, 2016. The event is the primary fundraiser for the Vishal … [Read more...] about 9.26.16: ValueXpress to Be a Sponsor of the 11th Annual Vishal Bhagat Memorial Golf Tournament
Archives for 2016
9.18.16: CMBS Market Prepares for Costs Related to Risk Retention
Borrowers should expect a modest increase in loan spreads beginning in late October as the market prepares for the economic impact of risk retention rules that take effect December 24. Initially CMBS lenders projected the increase on loan spreads would be as much as 50 basis points (bp), but now … [Read more...] about 9.18.16: CMBS Market Prepares for Costs Related to Risk Retention
9.16.16: ValueXpress Arranges Groundbreaking CMBS Conduit Loan for Office Suite Portfolio
ValueXpress has arranged a $28-million CMBS conduit loan secured by a portfolio of eight office buildings that are specifically designed and leased as office suites. The transaction is by far the largest office suite transaction completed since the restart of the CMBS conduit loan market in 2010. … [Read more...] about 9.16.16: ValueXpress Arranges Groundbreaking CMBS Conduit Loan for Office Suite Portfolio
9.13.16: More Takeaways from the Yeager Office Suite Transaction
One of the most fascinating takeaways from the Yeager Office Suite transaction is the extraordinary demand for office suite space. It was not uncommon for new buildings in the portfolio to absorb to 100% occupancy within 90 days. Knowing that traditional suburban office buildings are struggling in … [Read more...] about 9.13.16: More Takeaways from the Yeager Office Suite Transaction
9.7.16: Wellness Travel Is Latest Trend in Hospitality
Hoteliers often hear their guests say, “I really have a hard time staying in shape and eating properly when I travel.” Well, research points out many travelers feel this way. According to Joel Eisemann, chief development officer in the United States for Intercontinental Hotels Group (IHG), “Our … [Read more...] about 9.7.16: Wellness Travel Is Latest Trend in Hospitality
9.2.16: Dennis Suh to Represent ValueXpress at SSA Conference & Trade Show
Dennis Suh will be representing ValueXpress at the Self-Storage Association’s (SSA) 2016 Fall Conference & Trade Show. The conference, which will be held at Caesar’s Palace in Las Vegas, Nevada, begins on Tuesday, September 6 with conference and trade show registration. Concurrent education … [Read more...] about 9.2.16: Dennis Suh to Represent ValueXpress at SSA Conference & Trade Show
8.31.16: Kroll Releases August CMBS Trend Watch
Kroll Bond Rating Agency (KBRA) released this month’s CMBS Trend Watch. In the August edition, we note that $4.2 billion of private-label issuance priced, bringing the year-to-date total to $37.3 billion, down 45% year over year. We expect September to be a busy month in terms of deal issuance, as … [Read more...] about 8.31.16: Kroll Releases August CMBS Trend Watch
8.25.16: Sears/Kmart Continue to Falter
Sears and Kmart continue to struggle in a retail environment in which only “best in class” retailers are able to grow sales and profits. Sales have declined for the last ten quarters, including a 7.1% decline in the fourth quarter of 2015 and an 8% decline in the first quarter of 2016. Sears stores … [Read more...] about 8.25.16: Sears/Kmart Continue to Falter
8.19.16: Dennis Suh Joins ValueXpress
Dennis Suh has joined ValueXpress to serve as a vice president for the commercial loan originations group. He will focus on originating CMBS conduit loans and agency loans in the broader national markets. Dennis comes with a background in originating fixed-rate conduit loans in core markets in the … [Read more...] about 8.19.16: Dennis Suh Joins ValueXpress
8.16.16: CMBS Pipeline Strong for Third and Fourth Quarters
Lower interest rates and stable markets are leading to predictions for strong CMBS conduit loan originations for the third and fourth quarters of 2016. The increasing velocity of CMBS loan closings is refreshing for CMBS professionals after poor first and second quarters in terms of low volume and … [Read more...] about 8.16.16: CMBS Pipeline Strong for Third and Fourth Quarters