ValueXpress arranged two separate loans for a repeat client who owns two hotels in the Houston, TX metropolitan area. The first loan was a $10.7-million CMBS conduit loan for the refinance of the full-service Holiday Inn - Westchase constructed in 2011. Located in Houston, the property is a 5-story, … [Read more...] about ValueXpress Arranges $17 Million of CMBS Conduit Loans for the Refinance of a 130-Room Holiday Inn – Westchase in Houston, TX and a Holiday Inn Express in Webster, TX
ValueXpress Arranges $21-Million CMBS Conduit Loan for the Refinance of a Hotel Portfolio in Lubbock, TX
ValueXpress has arranged a $21-million CMBS conduit loan for the refinance of four limited-service hotels located in Lubbock, Texas. The properties are the 84-room Holiday Inn Express-Lubbock/Southwest constructed in 2010, the 77-room Holiday Inn Express-Lubbock/South constructed in 2013, the … [Read more...] about ValueXpress Arranges $21-Million CMBS Conduit Loan for the Refinance of a Hotel Portfolio in Lubbock, TX
11.23.18: How to Pre-Qualify a Hotel for a CMBS Conduit Loan
ValueXpress has completed over 200 hotel loan closings, more than 80% of which are fixed-rate, non-recourse CMBS conduit loans. To be most efficient, ValueXpress has developed a simple prequalification decision tree to determine if a hotel qualifies for a CMBS conduit loan. Step 1: Is the hotel … [Read more...] about 11.23.18: How to Pre-Qualify a Hotel for a CMBS Conduit Loan
ValueXpress Arranges $7.5-Million CMBS Conduit Loan for the Refinance of a Howard Johnson Hotel Located at Kennedy Airport in New York City
ValueXpress has arranged a $7.5-million CMBS conduit loan for the refinance of a Howard Johnson Hotel located in Jamaica, New York City. The hotel is located on Archer Avenue, a short walk from the Jamaica Airtrain station, which provides frequent service to John F. Kennedy Airport. In addition, … [Read more...] about ValueXpress Arranges $7.5-Million CMBS Conduit Loan for the Refinance of a Howard Johnson Hotel Located at Kennedy Airport in New York City
ValueXpress Arranges $22.5-Million CMBS Conduit Loan for the Refinance of a Wyndham Garden Hotel Located in San Jose, CA
ValueXpress has arranged a $22.5-million CMBS conduit loan for the refinance of a Wyndham Garden Hotel located in San Jose, California, two miles from the Mineta San Jose International Airport. The hotel is also in immediate proximity to SAP Center, home of the San Jose Sharks professional hockey … [Read more...] about ValueXpress Arranges $22.5-Million CMBS Conduit Loan for the Refinance of a Wyndham Garden Hotel Located in San Jose, CA
ValueXpress Obtains a $22-Million CMBS Conduit Loan Secured by the 207-Room Four Points by Sheraton – San Jose South
ValueXpress has arranged a $22-million CMBS conduit loan for the refinance of a Four Points by Sheraton hotel located in San Jose, California in the heart of Silicon Valley. The hotel is a three-story, interior corridor, full-service hotel constructed in 1990 and substantially renovated by the … [Read more...] about ValueXpress Obtains a $22-Million CMBS Conduit Loan Secured by the 207-Room Four Points by Sheraton – San Jose South
11.20.18: 175 Performing Post-Crisis CMBS Conduit Loans Set to Mature in 2019
In addition to new borrowers, ValueXpress will be assisting existing CMBS borrowers to refinance loans set to mature in 2019. Approximately 175 performing CMBS conduit loans were closed after 2010 that provided for 5- and 7-year loan terms that will be maturing in 2019. ValueXpress searched its CMBS … [Read more...] about 11.20.18: 175 Performing Post-Crisis CMBS Conduit Loans Set to Mature in 2019
ValueXpress Obtains a $5.42-Million CMBS Conduit Loan Secured by 101-Room LaQuinta Inn & Suites in Jupiter, FL
ValueXpress has arranged a $5.42-million CMBS conduit loan for the refinance of a LaQuinta Inn & Suites constructed in 1989 in Jupiter, Florida. The property, a 3-story, 101-room interior-corridor hotel, was purchased by the sponsor in 2002. Each room features free high-speed Internet access, a … [Read more...] about ValueXpress Obtains a $5.42-Million CMBS Conduit Loan Secured by 101-Room LaQuinta Inn & Suites in Jupiter, FL
ValueXpress Obtains a $4,200,000 CMBS Conduit Loan Secured by a 71-Unit Apartment Complex Located in Bowling Green, KY
ValueXpress arranged a $4.2-million CMBS conduit loan on a 71-unit multi-family garden apartment property located in Bowling Green, Kentucky. The property consists of ten two-story apartment buildings. The property, constructed in 2007 on a 6.4-acre site, was 100% occupied at closing. The … [Read more...] about ValueXpress Obtains a $4,200,000 CMBS Conduit Loan Secured by a 71-Unit Apartment Complex Located in Bowling Green, KY
ValueXpress Obtains a $7,970,000 CMBS Conduit Loan for the Refinance of the Country Inn & Suites and Econolodge in Ithaca, N.Y.
ValueXpress has arranged a CMBS conduit loan secured by a portfolio of two hotels, the Econolodge - Ithaca and the Country Inn & Suites - Ithaca, both located in Ithaca, New York. The properties are owned by Jay Bramhandkar. The Country Inn & Suites is a two-story, interior-corridor, … [Read more...] about ValueXpress Obtains a $7,970,000 CMBS Conduit Loan for the Refinance of the Country Inn & Suites and Econolodge in Ithaca, N.Y.
