ValueXpress has arranged a $5,000,000 SBA 7(a) loan commitment for the refinance of the Hilton Garden Inn – McAllen, a 4-story, 104-room interior-corridor property that was constructed in 2000. The property offers a restaurant and lounge, 975 square feet of meeting space, an outdoor pool, an outdoor … [Read more...] about VALUEXPRESS OBTAINS A $5,000,000 SBA 7(a) COMMITMENT FOR A HILTON GARDEN INN HOTEL IN MCALLEN, TX
Archives for February 2021
2.20.21: ACORE Launches $1-Billion Hotel Rescue Capital Initiative
ACORE Capital has formed an investment strategy backed by a group of institutions targeting rescue capital for North American hotel operators to navigate the ongoing health crisis and subsequent debilitating blow to the hospitality industry. The initiative culminated on Tuesday with the company … [Read more...] about 2.20.21: ACORE Launches $1-Billion Hotel Rescue Capital Initiative
2.11.21: Coworking Companies Like WeWork, Industrious Pivot to Thrive Beyond COVID
Despite coronavirus vaccines slowly rolling out, offices and coworking locations around the United States remain largely empty as workers stay home and major employers, including Salesforce and Twitter, announce permanent remote work options for staffers. WeWork has ditched locations around the … [Read more...] about 2.11.21: Coworking Companies Like WeWork, Industrious Pivot to Thrive Beyond COVID
2.5.21: VALUEXPRESS PROVIDES CMBS LOAN SERVICING ASSISTANCE TO CLIENTS
CMBS conduit loans require quarterly and annual financial reporting that must be provided to the loan servicer. In addition, to draw funds from reserves requires substantial documentation for the draw to be approved. Many CMBS borrowers find the reporting requirements a burden and prefer to spend … [Read more...] about 2.5.21: VALUEXPRESS PROVIDES CMBS LOAN SERVICING ASSISTANCE TO CLIENTS
