ValueXpress obtained a $17-million first-mortgage loan that was utilized to refinance existing debt and provide cash-out proceeds secured by a portfolio of three extended-stay hotels located in metropolitan Louisiana: the Suburban Extended Stay, La Place, LA; the Suburban Extended Stay, Avondale, … [Read more...] about ValueXpress Obtains $17-Million CMBS Conduit Loan for a Portfolio of 3 Hotels Located in Metropolitan New Orleans, LA
Archives for 2019
ValueXpress Arranges $3-Million Commercial Loan Through Country Bank for the Refinance of a 7,000-Square-Foot Retail Building in Brooklyn, NY
ValueXpress has arranged a $3-million commercial real estate loan through its affiliated bank, Country Bank, for the refinance of a 7,000-square-foot, single-story retail building located on Linden Street in Brooklyn, New York. The proceeds of the loan retired an SBA 504 loan and provide a … [Read more...] about ValueXpress Arranges $3-Million Commercial Loan Through Country Bank for the Refinance of a 7,000-Square-Foot Retail Building in Brooklyn, NY
ValueXpress Arranges $3.85-Million CMBS Conduit Loan for the Refinance of a 69-Room Comfort Inn Located in Camden, AR
ValueXpress has arranged a $3.85-million CMBS conduit loan for the refinance of a three-story Comfort Inn hotel constructed in 2000. The hotel is located in Camden, Arkansas. The subject hotel was purchased in October 2014 and had not been significantly upgraded since that time, and it was … [Read more...] about ValueXpress Arranges $3.85-Million CMBS Conduit Loan for the Refinance of a 69-Room Comfort Inn Located in Camden, AR
ValueXpress Arranges $5.2-Million CMBS Conduit Loan for the Refinance of a 74-Room Holiday Inn Express Located in Fort Worth, TX
ValueXpress has arranged a $5.2-million CMBS conduit loan for the refinance of a three-story Holiday Inn Express hotel constructed in 2006. The hotel is located in Burleson, Texas, a suburb of Fort Worth. The sponsor will utilize a portion of the cash-out loan proceeds to complete a Property … [Read more...] about ValueXpress Arranges $5.2-Million CMBS Conduit Loan for the Refinance of a 74-Room Holiday Inn Express Located in Fort Worth, TX
1.20.19: Kimco Realty Reinvents Itself with Signature Series Developments
Kimco Realty Corporation (NYSE: KIM), a real estate investment trust (REIT) founded in 1966, is one of North America’s largest publicly traded owners and operators of open-air shopping centers. As of December 31, 2018, the company owned interests in 437 U.S. shopping centers, comprising 76 million … [Read more...] about 1.20.19: Kimco Realty Reinvents Itself with Signature Series Developments
ValueXpress Arranges $5.5-Million CMBS Conduit Loan for the Refinance of a 91-Room Best Western Hotel Located in Yuba City, CA
ValueXpress has arranged a $5,500,000 CMBS conduit loan for the refinance of a 91-room Best Western hotel located in Yuba City, California. The property is a two-story exterior-corridor hotel that was constructed in 1989. The loan provided for significant cash-out equity return to the owner. The … [Read more...] about ValueXpress Arranges $5.5-Million CMBS Conduit Loan for the Refinance of a 91-Room Best Western Hotel Located in Yuba City, CA
ValueXpress Obtains $9.5-Million Loan Commitment for a Holiday Inn Express Hotel in Maspeth, NY
ValueXpress obtained a $9.5-million first-mortgage loan commitment from a N.Y.-based community bank to refinance a $7.0-million loan that was arranged by ValueXpress five years ago with Community National Bank that is now maturing. The loan provides $1.5 million of proceeds to complete a Property … [Read more...] about ValueXpress Obtains $9.5-Million Loan Commitment for a Holiday Inn Express Hotel in Maspeth, NY
1.18.19: How Does ValueXpress Keep Deals Flowing Smoothly?
ValueXpress closes loans for a lot of first-time borrowers. A good experience results in a long-time repeat borrower. ValueXpress provides a great borrower experience based on our organizational abilities, knowledge sharing and clear direction. Our rock-solid organizational abilities means we send … [Read more...] about 1.18.19: How Does ValueXpress Keep Deals Flowing Smoothly?
ValueXpress Obtains $1,550,000 Loan for a Mixed-Use Property in Brooklyn, NY
ValueXpress has arranged a $1,550,000 loan for the refinance of a mixed-use property located in the Bushwick neighborhood of Brooklyn, New York. The property consists of 5 apartment units situated above a ground floor commercial space leased to a dry cleaner. The property was purchased in 2007 with … [Read more...] about ValueXpress Obtains $1,550,000 Loan for a Mixed-Use Property in Brooklyn, NY
ValueXpress Arranges $5.3-Million CMBS Conduit Loan for the Refinance of a 75-Room Candlewood Suites in Lithia Springs (Atlanta), GA
ValueXpress has arranged a $5.3-million CMBS conduit loan for the refinance of a Candlewood Suites constructed in 2013. Located 15 miles west of Atlanta off I-20 in Lithia Springs, Georgia, the property is a 4-story, 75-room, extended-stay, interior-corridor hotel constructed by the sponsors to … [Read more...] about ValueXpress Arranges $5.3-Million CMBS Conduit Loan for the Refinance of a 75-Room Candlewood Suites in Lithia Springs (Atlanta), GA