With 2019 CMBS issuance of $97.8 billion surpassing estimates by a wide margin, CMBS pros are projecting 2020 will surpass $100 billion, making 2020 the busiest year since the financial crisis. With interest rates projected to remain near rock bottom for the foreseeable future, it’s widely believed … [Read more...] about 1.28.20: CMBS PROS PREDICT 5% GROWTH IN CMBS ISSUANCE IN 2020
Archives for January 2020
1.13.20: HOW TO EXPORT FINANCIAL STATEMENTS FROM QUICKBOOKS INTO EXCEL
ValueXpress requires income and expense statements in Excel to quickly and efficiently underwrite income-producing commercial loans. We import Excel reports directly into our loan analysis software (known as loan “sizing”), which tells us -- in 5 minutes -- the amount of loan that can be provided! … [Read more...] about 1.13.20: HOW TO EXPORT FINANCIAL STATEMENTS FROM QUICKBOOKS INTO EXCEL
1.8.20: DIGITAL SIGNAGE A WIN-WIN FOR RETAIL LANDLORDS
Electronic Message Centers (EMCs) is the latest advertising tool for landlords to expose tenants to customers. Simply known as digital signage, landlords are replacing static pylon signs in many markets with EMCs. In addition, an EMC can be an income producer for landlords who charge a modest … [Read more...] about 1.8.20: DIGITAL SIGNAGE A WIN-WIN FOR RETAIL LANDLORDS
1.3.20: MACY’S “Growth50” STORE UPGRADES FAVOR CLASS A MALLS
A few years ago, Macy's announced an investment in 50 key stores across the United States called "Growth50." The program envisioned a $200-million commitment to upgrade 50 key U.S. stores in order to create a more vibrant customer shopping experience. Among other things, the Growth50 stores … [Read more...] about 1.3.20: MACY’S “Growth50” STORE UPGRADES FAVOR CLASS A MALLS
ValueXpress Obtains $9-Million CMBS Conduit Loan for a Neighborhood Shopping Center in Wilmington, DE for Client of CCTG Grad
ValueXpress has arranged a $9,000,000 CMBS conduit loan for the refinance of Tally Ho Shopping Center, a 25,100-square-foot neighborhood shopping center anchored by a Bank of America banking center that is leased until 2030. The property is located at the corner of Naamans Road and Concord Pike in … [Read more...] about ValueXpress Obtains $9-Million CMBS Conduit Loan for a Neighborhood Shopping Center in Wilmington, DE for Client of CCTG Grad
1.22.20: SIMON PROPERTY AND BROOKFIELD TEAM UP ON BID TO BUY FOREVER 21
Simon Property, Brookfield and brand licensing specialist Authentic Brands have teamed up on a stalking horse bid of $81 million for bankrupt Forever 21. The bid would serve as a baseline for an auction for Forever 21 and includes a breakup fee of $4.7 million and expense reimbursement of $1 million … [Read more...] about 1.22.20: SIMON PROPERTY AND BROOKFIELD TEAM UP ON BID TO BUY FOREVER 21
