ValueXpress has arranged a $4,050,000 CMBS conduit loan for the purchase of a Homewood Suites by Hilton limited-service hotel. The Homewood Suites – Jackson/Ridgeland is a 3-story, 91-room interior corridor property constructed in 1997. A major Property Improvement Plan (PIP), expected to cost $2 … [Read more...] about VALUEXPRESS OBTAINS $4.05-MILLION CMBS CONDUIT LOAN FOR THE PURCHASE OF A HOMEWOOD SUITES LIMITED SERVICE HOTEL IN RIDGELAND (JACKSON), MS
Archives for September 2022
9.1.22: FED CHAIR POWELL SAYS HIGHER INTEREST RATES LIKELY TO LAST “FOR SOME TIME”
On Friday, August 26, Federal Reserve Chairman Jerome Powell warned that combating high inflation will likely mean higher interest rates “for some time. The historical record cautions strongly against prematurely loosening policy.” Speaking at the annual Jackson Hole Economic Policy … [Read more...] about 9.1.22: FED CHAIR POWELL SAYS HIGHER INTEREST RATES LIKELY TO LAST “FOR SOME TIME”
