ValueXpress obtained a $5-million first-mortgage loan commitment with its New York banking partner, Country Bank, from the Small Business Administration for the construction of an 85-room Holiday Inn Express hotel at 500 Exterior Street, Bronx, N.Y. The property is located less than one mile from … [Read more...] about ValueXpress Obtains $5-Million SBA 7(a) Loan Commitment for the Construction of a Holiday Inn Express Near Yankee Stadium

ValueXpress has arranged a $6-million CMBS conduit loan for the refinance of a three-story Holiday Inn Express hotel constructed in 2008 and located in Snyder, Texas. The property is situated on Hwy 180 near Hwy 84, approximately a one-hour drive west of Abilene. The property is located immediately … [Read more...] about ValueXpress Arranges $6-Million CMBS Conduit Loan for the Refinance of 73-Room Holiday Inn Express in Snyder, TX

ValueXpress has arranged a CMBS conduit loan secured by a portfolio of two hotels, the Econolodge - Ithaca and the Country Inn and Suites - Ithaca, both located in Ithaca, New York. The properties are owned by Jay Bramhandkar. "The transaction was nothing unusual, as it represents just 1 of the 250 … [Read more...] about ValueXpress Lines Up CMBS Conduit Deal for Client of 15 Years

ValueXpress obtained a $4.7-million CMBS conduit loan to refinance a $2.5-million SBA 7(a) loan it had originated in 2012, providing nearly $2 million in cash-out proceeds to the owner. The property is a 2-story, 64-room limited-service franchised hotel located in Houston, Texas operating under … [Read more...] about ValueXpress Obtains $4.7-Million CMBS Conduit Loan to Refi a $2.5-Million SBA 7(a) It Originated in 2010

ValueXpress obtained a $2.685-million SBA 7(a) first-mortgage loan commitment with its banking partner, Fidelity Bank, for a 3-story, 65-room limited-service franchised hotel located in Walker, Louisiana. The hotel is situated in the Denham Springs region of eastern Louisiana; this small community … [Read more...] about ValueXpress Obtains $2.685-Million SBA 7(a) Loan Commitment for a LaQuinta Inn & Suites Hotel in Walker, LA

ValueXpress originated $200 million of CMBS conduit loans in 2013. The loans were secured by multifamily, retail, office, self-storage and hospitality properties. The loans were included in nine CMBS issues sold in 2013 with a total principal balance in excess of $10 billion. Approximately 50% of … [Read more...] about ValueXpress Originates $200 Million of CMBS Conduit Loans in 2013

ValueXpress obtained a $7.5-million bridge loan for the refinance of a construction loan that was utilized to build a 94-room Hampton Inn hotel that opened in April 2013. The property is a four-story interior-corridor structure with a stone and stucco veneer exterior. Amenities include a meeting … [Read more...] about ValueXpress Obtains a $7.5-Million Bridge Loan for a 94-Room Hampton Inn and Suites located in the Dallas-Fort Worth Metroplex

ValueXpress obtained a $5-million first-mortgage loan commitment with its New York banking partner, Country Bank, from the SBA for an independent hotel located in Brooklyn, N.Y. The loan will refinance a $5-million construction loan that was utilized to construct a 58-room limited-service hotel in … [Read more...] about ValueXpress Obtains $5-Million SBA 7(a) Loan Commitment for an Independent Limited Service Hotel in Brooklyn, NY

ValueXpress has arranged a $6.3-million CMBS conduit for the refinance of a four-story Cambria Suites hotel constructed in 2008 by the sponsor. The hotel is located in Indianapolis, Indiana, approximately 10 miles from Indianapolis International Airport. The hotel is located in proximity to … [Read more...] about ValueXpress Arranges $6.3-Million Combination CMBS Conduit Loan and Mezzanine Loan for the Refinance of 103-Room Cambria Suites in Indianapolis, IN