Spreads on CMBS securities have widened after Russia invaded Ukraine on February 24. Market participants are hopeful the widening is temporary, but a prolonged war and associated economic impact could extend the recovery period for spreads. Prior to the war, spreads were already leaking wider on the … [Read more...] about 2.28.22: RUSSIA INVASION AFFECTING CMBS MARKET
Archives for February 2022
2.16.22: HOTELIERS, WATCH YOUR ALIGNMENT!
ValueXpress has now completed over 200 CMBS conduit loans for hotels. We have financed every hotel brand in the United States! The most popular brands for refinance for us are Holiday Inn Express and Hampton Inn. Many of our hotel clients use the “cash-out” feature of CMBS conduit loans to finance … [Read more...] about 2.16.22: HOTELIERS, WATCH YOUR ALIGNMENT!
2.7.22: COSTAR: HOTEL CMBS LOANS POISED FOR STRONG RECOVERY
The amount of loans backed by hotels and packaged into commercial mortgage-backed securities, or CMBS, typically moves with the economic cycle. In the recessions of 2002 and 2009, issuance of hotel CMBS loans declined to almost zero, but in 2020 more than $3.5 billion in CMBS loans were made. In … [Read more...] about 2.7.22: COSTAR: HOTEL CMBS LOANS POISED FOR STRONG RECOVERY
