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
Archives for 2017
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
2.28.17: Kroll Releases February CMBS Trend Watch
In its February CMBS Trend Watch, Kroll Bond Rating Agency (KBRA) notes that 2017 continued its sluggish start with $3.8 billion of CMBS securities priced in February. Year-to-date volume is down 48.5% from a year earlier and is the lowest it has been since 2012. However, KBRA notes that based on … [Read more...] about 2.28.17: Kroll Releases February CMBS Trend Watch
2.17.17: Michael Sneden and Dennis Suh Represent ValueXpress at the MBA Conference in San Diego, CA
Michael D. Sneden, Executive Vice President, and Dennis Suh, Vice President, will be representing ValueXpress at the Mortgage Bankers Association Commercial Real Estate Finance (CREF)/Multifamily Housing Convention & Expo at the Manchester Grand Hyatt in San Diego, California, February 19-22, … [Read more...] about 2.17.17: Michael Sneden and Dennis Suh Represent ValueXpress at the MBA Conference in San Diego, CA
2.15.17: Hot Topics for the MBA Conference in San Diego, CA
The 2017 MBA will be ground zero for opinions and information on important issues that the CMBS industry is currently working through. At the forefront is structuring CMBS deals for the required 5% risk retention as there is still no consensus on the best execution – the vertical strip, horizontal … [Read more...] about 2.15.17: Hot Topics for the MBA Conference in San Diego, CA
2.8.17: What Happened to the Wall of CMBS Maturities?
The “wall of maturities” refers to the avalanche of ten-year securitized loans that were originated at the peak of the last cycle, in 2006-2007. The last batch of those mortgages comes due in 2017, and conduit lenders had assumed that many of the borrowers would provide a steady supply of lending … [Read more...] about 2.8.17: What Happened to the Wall of CMBS Maturities?
2.3.17: CMBS Spreads Tighten Amid Limited Supply …
Two CMBS transactions recently priced with long-term super-senior AAA-rated bonds pricing at levels not seen since mid-2015. The first deal, a $1.3-billion offering by Citigroup and Deutsche Bank, priced the super-senior CMBS at 90 basis points (bp) over swaps, down 24 bp from the average of … [Read more...] about 2.3.17: CMBS Spreads Tighten Amid Limited Supply …
2.1.17: And Risk Retention May Be Helping, Not Hurting Pricing …
CMBS market participants are breathing a sigh of relief as fully-complaint risk retention deals are being well received in the market. Whereas industry pros were concerned that the effects of the rules would make CMBS loans uncompetitive, the reverse is occurring, at least right now. The most recent … [Read more...] about 2.1.17: And Risk Retention May Be Helping, Not Hurting Pricing …
1.26.17: But How the Smaller CMBS Players Will Participate Is Still Unknown
With tight pricing and market acceptance of the vertical and L-shaped retention structure, what remains unknown is how the smaller CMBS originators will participate. As of now, only the largest bankers -- Citi, Deutsche, Morgan Stanley, Wells and Bank of America -- have contributed to these … [Read more...] about 1.26.17: But How the Smaller CMBS Players Will Participate Is Still Unknown