Archives for November 2018

ValueXpress Obtains $6,000,000 CMBS Conduit Loan for the Refinance of Upper and Lower Stone Apartments in Bowling Green, KY for CCTG Grad

November 29, 2018 By admin

ValueXpress has arranged a $6-million CMBS conduit loan for the refinance of a 108-unit apartment development located in Bowling Green, Kentucky. Owned locally by three real estate professionals, the project was constructed in 2012-2015. The project is 100% occupied. The loan was originated by Terry … [Read more...] about ValueXpress Obtains $6,000,000 CMBS Conduit Loan for the Refinance of Upper and Lower Stone Apartments in Bowling Green, KY for CCTG Grad

November 29, 2018 By admin

Recently ValueXpress exhibited at the Asian American Hotel Owners (AAHOA) Northeast – Syracuse Regional Trade Show in Syracuse, New York. The event provided the ability for ValueXpress to speak one-on-one with hotel owners regarding their upcoming financing needs. Dennis Suh at the ValueXpress booth … [Read more...] about 11.29.18: ValueXpress Finds Success at Northeast/Syracuse Regional AAHOA Conference and Trade Show in Syracuse, NY

November 28, 2018 By admin

ValueXpress has arranged a $3,840,000 CMBS conduit loan for the refinance of a 56-unit apartment development located in Bowling Green, Kentucky. The project is owned locally by Rodgers Real Estate Holdings and Rodney Rodgers who constructed the project in 2013-2015. The project is 100% occupied. … [Read more...] about ValueXpress Obtains $3,840,000 CMBS Conduit Loan for the Refinance of Grand Haven Villas Apartments located in Bowling Green, KY for CCTG Grad

November 27, 2018 By admin

ValueXpress has arranged a $9.5-million CMBS conduit loan for the refinance of a Candlewood Suites and LaQuinta Inn & Suites, both located in Corpus Christi, Texas. The Candlewood Suites is a 74-room extended-stay hotel constructed in 2007 and recently upgraded to current brand standards. The … [Read more...] about ValueXpress Obtains $9.5-Million CMBS Conduit Loan for the Refinance of Two Hotels in Corpus Christi, TX

November 26, 2018 By admin

ValueXpress has arranged a $16,810,000 CMBS conduit loan for the refinance of two apartment buildings located in West Des Moines, Iowa. The purpose of the loan was to buy out a partner. In addition, ValueXpress orchestrated the prepayment of the prior CMBS conduit loan through a defeasance … [Read more...] about ValueXpress Arranges a $16,810,000 CMBS Conduit Loan for the Refinance of Two Apartment Buildings in West Des Moines, IA

November 26, 2018 By admin

ValueXpress has arranged a $3.9-million CMBS conduit loan for the refinance of a LaQuinta Inn & Suites constructed in 2008 in Blue Springs, Missouri. The property is a 3-story, 70-room, interior-corridor hotel located 15 miles east of Kansas City, Missouri. The property is in close proximity to … [Read more...] about ValueXpress Arranges $3.9-Million CMBS Conduit Loan for the Refinance of a 70-Room LaQuinta Inn & Suites in Blue Springs, MO

November 25, 2018 By admin

ValueXpress has arranged a $7.5-million CMBS conduit loan for the refinance of the Punta Gorda Waterfront Hotel & Suites in Punta Gorda, Florida. The property is a 2-story, 187-room interior-corridor hotel with waterfront views of Charlotte Harbor. The Punta Gorda Waterfront Hotel & Suites … [Read more...] about ValueXpress Arranges $7.5-Million CMBS Conduit Loan for the Refinance of a 187-Room Independent Hotel in Punta Gorda, FL

November 24, 2018 By admin

ValueXpress has arranged an $11-million CMBS conduit loan for the refinance of a Staybridge Suites constructed in 2009 located near the Austin Bergstrom International Airport in Austin, Texas. The property, a 4-story, 161-room interior-corridor hotel, was constructed by the sponsors to Staybridge … [Read more...] about ValueXpress Arranges $11-Million CMBS Conduit Loan for the Refinance of a 161-Room Staybridge Suites Hotel in Austin, TX

November 23, 2018 By admin

ValueXpress arranged two separate loans for a repeat client who owns two hotels in the Houston, TX metropolitan area. The first loan was a $10.7-million CMBS conduit loan for the refinance of the full-service Holiday Inn - Westchase constructed in 2011. Located in Houston, the property is a 5-story, … [Read more...] about ValueXpress Arranges $17 Million of CMBS Conduit Loans for the Refinance of a 130-Room Holiday Inn – Westchase in Houston, TX and a Holiday Inn Express in Webster, TX

November 23, 2018 By admin

ValueXpress has arranged a $21-million CMBS conduit loan for the refinance of four limited-service hotels located in Lubbock, Texas. The properties are the 84-room Holiday Inn Express-Lubbock/Southwest constructed in 2010, the 77-room Holiday Inn Express-Lubbock/South constructed in 2013, the … [Read more...] about ValueXpress Arranges $21-Million CMBS Conduit Loan for the Refinance of a Hotel Portfolio in Lubbock, TX