ValueXpress has announced an exciting bridge loan program that we want our clients to have access to right away. Our investor is seeking mortgage loans on transitional and value-added real estate projects that require time and capital to re-position, perform renovations, and/or increase rents. The … [Read more...] about 1.30.18: ANOTHER IMPORTANT UPDATE: Announcing Significantly Improved Bridge Loan Terms!
Archives for January 2018
1.24.18: Zions National Real Estate Program Available for Hotels After 10-Year Hiatus
Zions Bank National Real Estate lending program has reopened for hotels. While the Zion’s National Real Estate platform remained available through the financial crisis, the program was closed for hotels at that time. Zions Bank is now accepting applications for conventional and SBA 504 loans in Utah … [Read more...] about 1.24.18: Zions National Real Estate Program Available for Hotels After 10-Year Hiatus
1.19.18: Lower CMBS Spreads Helping CMBS Conduit Loan Rates
With fresh allocations of money to invest, Commercial Mortgage-Backed Securities (CMBS) buyers were lining up to place orders for the first CMBS conduit offering to hit the market in 2018. With more investor demand than supply of CMBS bonds, dealers are tightening the spreads across all bond … [Read more...] about 1.19.18: Lower CMBS Spreads Helping CMBS Conduit Loan Rates
$945,000 Loan Closes for the Construction of a Multi-Tenant Retail Building
Guaranty Bank and Trust, a ValueXpress banking partner, closed on a loan for the construction of a 9,960-square-foot retail building located at 4207 Clay Street in Vicksburg, MS for a ValueXpress client. The loan amount will be $945,000 when fully funded. Total project costs are an estimated … [Read more...] about $945,000 Loan Closes for the Construction of a Multi-Tenant Retail Building
1.14.18: Amazon Creates Short List for New HQ2 Location
Amazon announced that it reduced its candidate locations for its second headquarters (HQ2) from 238 to 20. Candidate metropolitan areas are as follows: Atlanta, Austin, Boston, Chicago, Columbus, Dallas, Denver, Indianapolis, Los Angeles, Miami, Montgomery County, Nashville, Newark, New York City, … [Read more...] about 1.14.18: Amazon Creates Short List for New HQ2 Location
1.11.18: Walmart Closes 63 Sam’s Club Stores; 10-12 to Become Fulfillment Centers
Walmart is closing 63 Sam’s Club stores across the United States. The closings will impact about 9,400 employees, according to a Walmart official. In some cases, employees were not told their store had closed before they showed up for work on Thursday. Those employees learned their store was closed … [Read more...] about 1.11.18: Walmart Closes 63 Sam’s Club Stores; 10-12 to Become Fulfillment Centers
1.5.18: Meet ValueXpress at the MBA CREF Conference in San Diego, CA
On February 11-14, 2018, Michael Sneden and Dennis Suh will be representing ValueXpress at the Mortgage Bankers Association Commercial Real Estate Finance (CREF)/Multifamily Housing Convention & Expo at the Marriott Marquis in San Diego, California. The conference is expected to attract over … [Read more...] about 1.5.18: Meet ValueXpress at the MBA CREF Conference in San Diego, CA
1.2.18: CMBS Loan Volume in 2017 Exceeds Predictions
U.S. CMBS origination volume totaled $88 billion in 2017, up 17% from 2016’s $76 billion and far surpassing the average prediction of $75 billion by market professionals. Industry predictions for 2018 are for $75 billion of U.S. CMBS conduit originations. The expected decline in 2018 is based partly … [Read more...] about 1.2.18: CMBS Loan Volume in 2017 Exceeds Predictions
