The Employee Retention Tax Credit (ERC) is a refundable tax credit designed to reward business owners for retaining employees throughout the COVID-19 pandemic. The ERC is available to both small- and mid-sized businesses. It was signed into law on March 27, 2020, as part of the CARES Act. The bill … [Read more...] about 5.21.22: CONSIDER APPLYING FOR AN EMPLOYEE RETENTION CREDIT
Archives for May 2022
5.8.22: DEFEASANCE HEATS UP WITH RISE IN INTEREST RATES
Most CMBS conduit loans have a prepayment penalty called defeasance that gives borrowers the ability to unencumber the underlying real estate to sell or refinance the property. When a loan is defeased the borrower substitutes the existing collateral with a portfolio of U.S. securities structured to … [Read more...] about 5.8.22: DEFEASANCE HEATS UP WITH RISE IN INTEREST RATES
VALUEXPRESS OBTAINS $9-MILLION CMBS CONDUIT LOAN FOR A NEIGHBORHOOD SHOPPING CENTER IN WILMINGTON, DE FOR CLIENT OF CCTG GRAD
ValueXpress has arranged a $9,000,000 CMBS conduit loan for the refinance of Tally Ho Shopping Center, a 25,100-square-foot neighborhood shopping center anchored by a Bank of America banking center that is leased until 2030. The property is located at the corner of Naamans Road and Concord Pike in … [Read more...] about VALUEXPRESS OBTAINS $9-MILLION CMBS CONDUIT LOAN FOR A NEIGHBORHOOD SHOPPING CENTER IN WILMINGTON, DE FOR CLIENT OF CCTG GRAD
5.1.22: JOSH STEGEN JOINS VALUEXPRESS TO FOCUS ON MARKETING
Joshua (Josh) Stegen has joined ValueXpress as an Associate Loan Originator with a focus on marketing to borrowers who would benefit from CMBS conduit loans. Josh is a graduate of Fordham University with an MBA in Finance. In addition, Josh is a licensed real estate agent in the State of New … [Read more...] about 5.1.22: JOSH STEGEN JOINS VALUEXPRESS TO FOCUS ON MARKETING
