ValueXpress is in the business of providing loan quotes for CMBS conduit loans. To provide loan quotes requires us to do loan sizing. CMBS conduit loans are based on the amount of property cash flow. To determine the maximum loan amount that can be offered to a borrower, CMBS loan underwriters … [Read more...] about 4.30.21: “LOAN SIZING” ACCURATELY DETERMINES LOAN AMOUNTS FOR CMBS CONDUIT LOANS
Archives for April 2021
4.17.21: BMO CAPITAL STAFFS UP FOR CMBS CONDUIT LENDING PUSH
Last fall, Paul Vanderslice, a Citigroup veteran and former Cantor Commercial Real Estate executive led the formation of a new CMBS securitization platform, BMO Capital Markets. BMO, the investment banking subsidiary of Bank of Montreal, has built out a "first-rate" commercial mortgage-backed … [Read more...] about 4.17.21: BMO CAPITAL STAFFS UP FOR CMBS CONDUIT LENDING PUSH
4.2.21: HOTELS IN TOURIST LOCATIONS FINDING STRONG DEMAND
As previously reported, the COVID-19 pandemic has affected hotels more than other asset classes eligible for CMBS conduit loans. In January 2021, the U.S. hotel industry reported all-time lows in occupancy and revenue per available room (RevPAR), according to yearend 2020 data from STR. In addition, … [Read more...] about 4.2.21: HOTELS IN TOURIST LOCATIONS FINDING STRONG DEMAND
