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
Archives for 2018
ValueXpress Obtains $9.5-Million CMBS Conduit Loan for the Refinance of Two Hotels in Corpus Christi, TX
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
ValueXpress Arranges a $16,810,000 CMBS Conduit Loan for the Refinance of Two Apartment Buildings in West Des Moines, IA
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
ValueXpress Arranges $3.9-Million CMBS Conduit Loan for the Refinance of a 70-Room LaQuinta Inn & Suites in Blue Springs, MO
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
ValueXpress Arranges $7.5-Million CMBS Conduit Loan for the Refinance of a 187-Room Independent Hotel in Punta Gorda, FL
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
ValueXpress Arranges $11-Million CMBS Conduit Loan for the Refinance of a 161-Room Staybridge Suites Hotel in Austin, TX
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
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
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
ValueXpress Arranges $21-Million CMBS Conduit Loan for the Refinance of a Hotel Portfolio in Lubbock, TX
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
11.23.18: How to Pre-Qualify a Hotel for a CMBS Conduit Loan
ValueXpress has completed over 200 hotel loan closings, more than 80% of which are fixed-rate, non-recourse CMBS conduit loans. To be most efficient, ValueXpress has developed a simple prequalification decision tree to determine if a hotel qualifies for a CMBS conduit loan. Step 1: Is the hotel … [Read more...] about 11.23.18: How to Pre-Qualify a Hotel for a CMBS Conduit Loan
ValueXpress Arranges $7.5-Million CMBS Conduit Loan for the Refinance of a Howard Johnson Hotel Located at Kennedy Airport in New York City
ValueXpress has arranged a $7.5-million CMBS conduit loan for the refinance of a Howard Johnson Hotel located in Jamaica, New York City. The hotel is located on Archer Avenue, a short walk from the Jamaica Airtrain station, which provides frequent service to John F. Kennedy Airport. In addition, … [Read more...] about ValueXpress Arranges $7.5-Million CMBS Conduit Loan for the Refinance of a Howard Johnson Hotel Located at Kennedy Airport in New York City