ValueXpress obtained an $8,000,000 conventional first mortgage loan from its New York-based banking partner Country Bank secured by a six-story mixed-use building located in the East Village neighborhood of Manhattan, New York; originally constructed in 1905 it was gut renovated between 2011 and … [Read more...] about ValueXpress Closes $8.0-Million Conventional Loan for a Mixed-Use Building for a Brooklyn, NY-Based Clothing Retailer in Manhattan, NY

ValueXpress obtained a $6.5-million CMBS conduit first-mortgage loan secured by two apartment complexes in Biloxi, MS. Woodlands Apartments is a 118-unit garden-style complex built in 1974 and renovated in 2012. The property was 90% occupied at closing. The second property, Southwind Apartments, … [Read more...] about ValueXpress Obtains $6.5-Million CMBS Conduit Loan Secured by 2 Apartment Complexes Located in Biloxi, MS

ValueXpress has arranged a $4-million CMBS conduit loan for the refinance of a Red Roof Inn constructed in 2008 and a $3.6-million loan for a Days Inn hotel constructed in 1978 (renovated in 2009-2012); both are located in Laredo, Texas. The Red Roof – Laredo is a 3-story, 83-room interior-corridor … [Read more...] about ValueXpress Obtains $7,600,000 in CMBS Loans for a Days Inn and Red Roof Inn in Laredo, TX

ValueXpress has arranged a $6.37-million CMBS conduit loan for the refinance of a Hampton Inn & Suites constructed in 2006 in Greenville, Texas. The property, a 4-story, 75-room interior-corridor hotel, was constructed by the sponsors to Hampton Inn brand standards. The property, located adjacent … [Read more...] about ValueXpress Obtains $6,370,000 CMBS Loan for a Hampton Inn & Suites in Greenville, TX

ValueXpress has arranged a $5-million CMBS conduit loan for the refinance of a LaQuinta Inn & Suites constructed in 2009 in Grand Prairie (Dallas/Fort Worth), Texas. The property, a 4-story, 73-room interior-corridor hotel, is constructed by the sponsors to LaQuinta Inn & Suites brand … [Read more...] about ValueXpress Arranges $5-Million CMBS Conduit Loan for the Refinance of a 73-Room LaQuinta Inn & Suites in Grand Prairie, TX

ValueXpress obtained a $6.8-million first-mortgage loan that was utilized to refinance existing debt and provide cash-out proceeds secured by a portfolio of three multifamily properties located in Augusta and Greenville, SC: Willow Wick Apartments, Pine Crest Apartments and Broadway … [Read more...] about ValueXpress Obtains $6.8-Million CMBS Conduit Loan for a Portfolio of 3 Multifamily Properties Located in Augusta and Greenville, SC

ValueXpress has arranged a $5.0-million CMBS conduit loan for the refinance of a Hampton Inn hotel constructed in 1998. Located in Port Huron, MI, the property is a 3-story, 70-room hotel. The property is one of the top performing Hampton Inns in the U.S. Midwest. Situated right off I-69/94, the … [Read more...] about ValueXpress Arranges $5.0-Million CMBS Conduit Loan for the Refinance of a 70-Room Hampton Inn in Port Huron, MI