ValueXpress has arranged a $22.5-million CMBS conduit loan for the refinance of a Wyndham Garden Hotel located in San Jose, California, two miles from the Mineta San Jose International Airport. The hotel is also in immediate proximity to SAP Center, home of the San Jose Sharks professional hockey … [Read more...] about ValueXpress Arranges $22.5-Million CMBS Conduit Loan for the Refinance of a Wyndham Garden Hotel Located in San Jose, CA
Archives for 2018
ValueXpress Obtains a $22-Million CMBS Conduit Loan Secured by the 207-Room Four Points by Sheraton – San Jose South
ValueXpress has arranged a $22-million CMBS conduit loan for the refinance of a Four Points by Sheraton hotel located in San Jose, California in the heart of Silicon Valley. The hotel is a three-story, interior corridor, full-service hotel constructed in 1990 and substantially renovated by the … [Read more...] about ValueXpress Obtains a $22-Million CMBS Conduit Loan Secured by the 207-Room Four Points by Sheraton – San Jose South
11.20.18: 175 Performing Post-Crisis CMBS Conduit Loans Set to Mature in 2019
In addition to new borrowers, ValueXpress will be assisting existing CMBS borrowers to refinance loans set to mature in 2019. Approximately 175 performing CMBS conduit loans were closed after 2010 that provided for 5- and 7-year loan terms that will be maturing in 2019. ValueXpress searched its CMBS … [Read more...] about 11.20.18: 175 Performing Post-Crisis CMBS Conduit Loans Set to Mature in 2019
ValueXpress Obtains a $5.42-Million CMBS Conduit Loan Secured by 101-Room LaQuinta Inn & Suites in Jupiter, FL
ValueXpress has arranged a $5.42-million CMBS conduit loan for the refinance of a LaQuinta Inn & Suites constructed in 1989 in Jupiter, Florida. The property, a 3-story, 101-room interior-corridor hotel, was purchased by the sponsor in 2002. Each room features free high-speed Internet access, a … [Read more...] about ValueXpress Obtains a $5.42-Million CMBS Conduit Loan Secured by 101-Room LaQuinta Inn & Suites in Jupiter, FL
ValueXpress Obtains a $4,200,000 CMBS Conduit Loan Secured by a 71-Unit Apartment Complex Located in Bowling Green, KY
ValueXpress arranged a $4.2-million CMBS conduit loan on a 71-unit multi-family garden apartment property located in Bowling Green, Kentucky. The property consists of ten two-story apartment buildings. The property, constructed in 2007 on a 6.4-acre site, was 100% occupied at closing. The … [Read more...] about ValueXpress Obtains a $4,200,000 CMBS Conduit Loan Secured by a 71-Unit Apartment Complex Located in Bowling Green, KY
ValueXpress Obtains a $7,970,000 CMBS Conduit Loan for the Refinance of the Country Inn & Suites and Econolodge in Ithaca, N.Y.
ValueXpress has arranged a CMBS conduit loan secured by a portfolio of two hotels, the Econolodge - Ithaca and the Country Inn & Suites - Ithaca, both located in Ithaca, New York. The properties are owned by Jay Bramhandkar. The Country Inn & Suites is a two-story, interior-corridor, … [Read more...] about ValueXpress Obtains a $7,970,000 CMBS Conduit Loan for the Refinance of the Country Inn & Suites and Econolodge in Ithaca, N.Y.
ValueXpress Obtains a $9.1-Million CMBS Conduit Loan for a Holiday Inn & Suites at Phoenix Sky Harbor Airport
ValueXpress obtained a $9.1-million CMBS conduit loan secured by a 114-room full-service hotel that is being operated as a Holiday Inn & Suites. The property offers one restaurant and lounge, 3,000 square feet of meeting space, an outdoor pool and whirlpool, an exercise room, a business center, … [Read more...] about ValueXpress Obtains a $9.1-Million CMBS Conduit Loan for a Holiday Inn & Suites at Phoenix Sky Harbor Airport
ValueXpress Obtains a $9.5-Million CMBS Conduit Loan to Take Out $7.5-Million Bridge Loan for a 94-Room Hampton Inn and Suites in the Dallas-Fort Worth Metroplex
ValueXpress obtained a $9.5-million CMBS conduit loan to take out a $7.5-million bridge loan obtained by ValueXpress in December 2013. The bridge loan refinanced a construction loan that was utilized to build a 94-room Hampton Inn hotel that opened in April 2013. The bridge loan, which provided for … [Read more...] about ValueXpress Obtains a $9.5-Million CMBS Conduit Loan to Take Out $7.5-Million Bridge Loan for a 94-Room Hampton Inn and Suites in the Dallas-Fort Worth Metroplex
ValueXpress Arranges $4.8-Million CMBS Conduit Loan for the Refinance of 73-Room Hampton Inn Located in Lakeland, FL
ValueXpress has arranged a $4.8-million CMBS conduit loan for the refinance of a three-story Hampton Inn hotel constructed in 1999 and renovated in 2013 in anticipation of securing a new franchise license. Post-closing, the property intends to complete a Property Improvement Plan (PIP) to bring the … [Read more...] about ValueXpress Arranges $4.8-Million CMBS Conduit Loan for the Refinance of 73-Room Hampton Inn Located in Lakeland, FL
11.14.18: Proposed Amazon Long Island City HQ Potential Bonanza for One Court Square Owners
It has been reported that Amazon has signed a letter of intent to occupy 1.0 million square feet in the 1.4-million-square-foot One Court Square office building in Long Island City, Queens. The lease would provide a sigh of relief for CMBS investors and perhaps a bonanza in terms of increased … [Read more...] about 11.14.18: Proposed Amazon Long Island City HQ Potential Bonanza for One Court Square Owners