ValueXpress helped many of its clients obtain first- and second-draw Paycheck Protection Program (PPP) loans. These loans were a lifesaver in many instances. Now that business is returning to normal, getting these loans officially forgiven has taken a back seat for many borrowers. But if borrowers … [Read more...] about 3.17.22: DON’T FORGET — PPP LOAN FORGIVENESS IS NOT AUTOMATIC; YOU MUST APPLY
Archives for March 2022
3.8.22: 1 WORLD TRADE CENTER 95% LEASED WITH LATEST DEAL: DURST
Data processing firm Celonis extended its existing lease at 1 World Trade Center by signing for an additional 40,763 square feet on the 70th floor, according to The Durst Organization and The Port Authority of New York and New Jersey (PANYNJ). The deal brings 1 World Trade Center to 95% leased, 2 … [Read more...] about 3.8.22: 1 WORLD TRADE CENTER 95% LEASED WITH LATEST DEAL: DURST
VALUEXPRESS OBTAINS $6.15-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF A 73-ROOM LAQUINTA INN & SUITES IN HOLBROOK, AZ
ValueXpress has arranged a $6,150,000 CMBS conduit loan for the refinance of a four-story LaQuinta Inn & Suites hotel constructed in 2020. The loan provided an opportunity to pay off an existing SBA 7(a) loan, which will provide the sponsors eligibility for a new SBA 7(a) loan to construct … [Read more...] about VALUEXPRESS OBTAINS $6.15-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF A 73-ROOM LAQUINTA INN & SUITES IN HOLBROOK, AZ