ValueXpress has arranged a $4.8-million CMBS conduit loan for the purchase of a 34,930-square-foot office/retail center located in Parkland, Florida. The property was constructed in 2004 and is located 50 miles north of Miami and 15 miles west of Boca Raton in desirable Broward County. The … [Read more...] about VALUEXPRESS ARRANGES $4,800,000 CMBS CONDUIT LOAN FOR THE PURCHASE OF PARKLAND TOWN CENTER LOCATED IN PARKLAND, FL
Archives for August 2021
8.27.21: NAVIGATION TIPS FOR USING THE VALUEXPRESS WEBSITE
ValueXpress gets a lot of basic inquiries about the types of loans we focus on. We have primarily worked on CMBS conduit loans for more than 25 years, and this loan product continues to be our focus today. The basic criteria for CMBS conduit loans can be found at www.valuexpress.com on the tab … [Read more...] about 8.27.21: NAVIGATION TIPS FOR USING THE VALUEXPRESS WEBSITE
8.17.21: CMBS LOAN METRICS CONTINUE TO IMPROVE
Key credit indicators for securitized commercial mortgages continued to strengthen in July, led by a big improvement in hotel performance. Analysts cautioned, however, that further recovery could be impeded by a rise in coronavirus cases tied to the delta variant. The 60-day delinquency rate among … [Read more...] about 8.17.21: CMBS LOAN METRICS CONTINUE TO IMPROVE
VALUEXPRESS SECURES A $6-MILLION CMBS CONDUIT LOAN FOR A RETAIL CENTER LOCATED IN HENDERSON (LAS VEGAS), NV
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
8.9.21: HOTELS MOVE TO À LA CARTE MODEL FOR AMENITIES
The COVID-19 pandemic resulted in many changes to how owners operated their properties. Rooms were cleaned only upon check-out unless requested by guests. Breakfast service was curtailed, and amenities were shut down. These changes were expected to be restored after the pandemic subsided. But … [Read more...] about 8.9.21: HOTELS MOVE TO À LA CARTE MODEL FOR AMENITIES