ValueXpress has arranged a $6-million first mortgage CMBS conduit loan for the refinance of two adjacent retail buildings located in Henderson, Nevada. Henderson is a rapidly growing suburb of Las Vegas that is located approximately 10 miles southeast of the city. The purpose of the loan was to … [Read more...] about VALUEXPRESS SECURES A $6-MILLION CMBS CONDUIT LOAN FOR A RETAIL CENTER LOCATED IN HENDERSON (LAS VEGAS), NV
Archives for November 2020
11.17.20: TREPP PREDICTS MINIMUM 10% INCREASE IN CMBS LOANS FOR 2021
According to a recent report from Trepp, private-label CMBS issuance is projected to rise at least 10% in 2021 from 2020’s depressed levels. So far, $50.6 billion of conduit and single-borrower transactions have priced in 2020. Including deals slated for December, 2020 will finish with about $55-$60 … [Read more...] about 11.17.20: TREPP PREDICTS MINIMUM 10% INCREASE IN CMBS LOANS FOR 2021
11.9.20: KIMCO’S ROSS COOPER PROVIDES RETAIL INSIGHTS
In a recent interview, Kimco Realty President and CIO Ross Cooper discussed retail trends and strategies amid the pandemic and highlighted the potential for shopping centers in 2021. Ross notes that the retail store is the most cost-effective distribution model when coupled with curbside and … [Read more...] about 11.9.20: KIMCO’S ROSS COOPER PROVIDES RETAIL INSIGHTS
VALUEXPRESS ARRANGES $2.6-MILLION SBA 504 LOAN FOR THE PURCHASE OF AN 8,160 SF COMMERCIAL BUILDING IN BROOKLYN, NY FOR CONVERSION TO RETAIL
ValueXpress has arranged a $2.6-million SBA 504 loan for the purchase of an 8,160-square-foot automotive repair facility that has been converted into a vintage clothing retail store. The property is in the East Flatbush neighborhood of Brooklyn, New York. The building features a ceiling height of 14 … [Read more...] about VALUEXPRESS ARRANGES $2.6-MILLION SBA 504 LOAN FOR THE PURCHASE OF AN 8,160 SF COMMERCIAL BUILDING IN BROOKLYN, NY FOR CONVERSION TO RETAIL
11.1.20: BRIDGE LENDERS GEAR UP FOR RESCUE LOANS
Banks are beginning to increase pressure on borrowers with non-performing loans to pay or find financing elsewhere. Borrowers with low-leverage loans pre-COVID that simply need time to restabilize are turning to the bridge loan market for alternatives. The situation is particularly acute in the … [Read more...] about 11.1.20: BRIDGE LENDERS GEAR UP FOR RESCUE LOANS
