On Wednesday, May 29, 2013 ValueXpress will be a Gold Sponsor for the 8th Annual San Antonio Hotel Owners Association Golf Tournament at the Hyatt Hill Country Golf Club in San Antonio, TX. This 130-person event kicks off the Texas Hotel Owners Association/Asian American Hotel Owners Association (AAHOA) Joint Industry Trade Show on Thursday, May 30th at the adjacent Hyatt Regency Hill Country Resort and Spa.
ValueXpress will be exhibiting at the trade show, and Michael D. Sneden, Executive Vice President at ValueXpress, and Jay Bhakta, Senior Loan Originator for the southern region of the United States, will be speaking at the trade show.
“We are providing a significant amount of hotel financing in Texas right now with over $100 million closed in the last 12 months,” commented Michael Sneden. “We thought it important to get the word out to other hoteliers in Texas that the lending window is wide open at great rates, and we felt sponsoring the golf event would be a great opportunity for hotel owners to meet personally with us to learn how we can assist them with their financing needs.”
“We are active in Houston, San Antonio, Austin, Dallas and all the surrounding communities,” said Jay Bhakta. “The reason is hotels in Texas are highly performing right now, and that’s what the CMBS conduit loan market wants. The high performance is allowing for unrestricted cash-out refinances at rock bottom interest rates. When Pratik Patel, the Vice Chairman of AAHOA, offered us the chance to sponsor this event, we jumped on it.”
ValueXpress welcomes the opportunity to meet with hotel owners at the trade show to explain in detail its SBA 7(a), SBA 504, USDA B&I, CMBS conduit and conventional loans for hospitality properties. Call Jay Bhakta at (601) 918-2850 for your personal appointment.