ValueXpress is making a market in small-balance CMBS loans as an accommodation to new and existing customers, while most CMBS conduit lenders have minimums of $3 million and even $5 million in some instances. “With a push to close more self-storage and small-balance single-tenant loans such as drug … [Read more...] about 3.31.17: Small-Balance CMBS Loans Still Available
Archives for March 2017
3.28.17: Underlying Co-op Loans Fit in CMBS
Underlying co-op loans tend to be lower leverage and are highly desired in CMBS. The loans are a niche product mainly because not many residential properties are under a cooperative form of ownership outside the New York metropolitan area. A residential cooperative, or co-op, is a legal entity, … [Read more...] about 3.28.17: Underlying Co-op Loans Fit in CMBS
3.22.17: CMBS Delinquency Climbs as Final “Wall of Maturities” Struggles to Refinance
In 2007, $228 billion of CMBS conduit loans were pooled and sold as CMBS securities in the United States, the largest amount in history. Most of the loans provided for a 10-year term, creating a potential refinancing bonanza for 2017. As it turns out, the majority of the loans were closed in the … [Read more...] about 3.22.17: CMBS Delinquency Climbs as Final “Wall of Maturities” Struggles to Refinance
3.17.17: Stan Siciliano Joins ValueXpress
Stan Siciliano, a 20-year veteran in commercial real estate lending and marketing, joined ValueXpress effective March 20. Stan is primarily responsible for marketing CMBS conduit loans to new ValueXpress clients nationwide. Stan will be working closely with Dennis Suh, Vice President of Originations … [Read more...] about 3.17.17: Stan Siciliano Joins ValueXpress
3.13.17: ValueXpress Exhibiting at AAHOA Annual Convention and Trade Show in San Antonio, TX
On April 12-13, 2017, ValueXpress will be exhibiting at the annual Asian American Hotel Owners (AAHOA) Trade Show in San Antonio, Texas. ValueXpress will be located in Booth 1141 at the Henry B. Gonzalez Convention Center noon-6:00 p.m. on Wednesday, April 12 and noon-5:00 p.m. on Thursday, April … [Read more...] about 3.13.17: ValueXpress Exhibiting at AAHOA Annual Convention and Trade Show in San Antonio, TX
3.10.17: Visit ValueXpress at the Inside Self Storage World Expo in Las Vegas, NV
Continuing our efforts to meet with clients, Deb Oprean, Charley Lobetti and Dennis Suh will be representing ValueXpress at the Inside Self Storage World Expo and Trade Show at the Paris Hotel & Resort in Las Vegas, Nevada, April 10-13, 2017. ValueXpress will be exhibiting during trade show … [Read more...] about 3.10.17: Visit ValueXpress at the Inside Self Storage World Expo in Las Vegas, NV
3.3.17: Michael Sneden and Dennis Suh Represent ValueXpress at the Self Storage Association Spring Conference & Trade Show in New Orleans, LA
Michael D. Sneden, Executive Vice President, and Dennis Suh, Vice President, will be representing ValueXpress at the Self Storage Association Spring Conference and Trade Show at the New Orleans Marriott in downtown New Orleans, Louisiana, March 15-17, 2017. They will be exhibiting during trade show … [Read more...] about 3.3.17: Michael Sneden and Dennis Suh Represent ValueXpress at the Self Storage Association Spring Conference & Trade Show in New Orleans, LA
3.1.17: Report from the 2017 MBA CREF Conference
Industry pros expect a stable CMBS market in 2017, with CMBS origination volume of $60-$70 billion. While stable markets are always welcome, volume of $60-$70 billion was viewed as somewhat disappointing. CMBS conduit loan originations post-crisis peaked at $101 billion in 2015 and have been on the … [Read more...] about 3.1.17: Report from the 2017 MBA CREF Conference
