Citing opposition from some political leaders, Amazon has withdrawn its plans to bring its second headquarters to Long Island City, Queens. Investors who made real estate commitments based on the anticipation of Amazon’s investment in Queens are in for a big disappointment. One disappointed … [Read more...] about 2.6.19: Amazon Changes Course – So What About One Court Square?
ValueXpress Arranges $8.6-Million CMBS Conduit Loan for the Refinance of a 98-Room Staybridge Suites Hotel in San Antonio, TX
ValueXpress has arranged an $8.6-million CMBS conduit loan for the refinance of a Staybridge Suites constructed in 2009 located near SeaWorld in San Antonio. SeaWorld San Antonio is a 250-acre marine mammal park, oceanarium, and animal theme park in the Westover Hills District of San Antonio, Texas … [Read more...] about ValueXpress Arranges $8.6-Million CMBS Conduit Loan for the Refinance of a 98-Room Staybridge Suites Hotel in San Antonio, TX
ValueXpress Arranges a $6,600,000 Commercial Loan Through Country Bank for the Expansion of 2010 Ocean Avenue Apartments, Brooklyn, NY
ValueXpress has arranged a $6.6-million commercial real estate loan through its affiliated bank, Country Bank, for the renovation and vertical expansion to 65 units of an existing 39-unit multifamily apartment building located in the Midwood section of Brooklyn, New York. The existing building … [Read more...] about ValueXpress Arranges a $6,600,000 Commercial Loan Through Country Bank for the Expansion of 2010 Ocean Avenue Apartments, Brooklyn, NY
ValueXpress Arranges $6,000,000 CMBS Conduit Loan Through Fixed-Fee Program for the Refinance of Commercial Self-Storage – Castleton (Indianapolis), IN
ValueXpress has arranged a $6,000,000 CMBS conduit loan for the refinance of a 66,800-square-foot self-storage facility located in the Castleton section of Indianapolis. The property was purchased by the sponsor, Jim Sapp, in December 2009. At acquisition, the property contained 33,600 square feet … [Read more...] about ValueXpress Arranges $6,000,000 CMBS Conduit Loan Through Fixed-Fee Program for the Refinance of Commercial Self-Storage – Castleton (Indianapolis), IN
ValueXpress Arranges $4,150,000 CMBS Conduit Loan Through Fixed-Fee Program for the Refinance of the Murchison Building Located in Wilmington, NC
ValueXpress has arranged a $4,150,000 CMBS conduit loan for the refinance of a 55,200-square-foot office building located at 201 N. Front Street in Wilmington, N.C. The Murchison Building is an 11-story brick and marble building at the corner of Front and Chestnut Streets. Sitting on historic … [Read more...] about ValueXpress Arranges $4,150,000 CMBS Conduit Loan Through Fixed-Fee Program for the Refinance of the Murchison Building Located in Wilmington, NC
ValueXpress Obtains $6.65-Million CMBS Conduit Loan for a Single-Tenant Industrial Flex Building
ValueXpress obtained a $6,650,000 first-mortgage CMBS conduit loan that was utilized to refinance an 82,280-square-foot single-tenant, industrial flex building located in St. Louis, Missouri. The building is 100% occupied and leased to Nooter Construction Company. The transaction refinanced a … [Read more...] about ValueXpress Obtains $6.65-Million CMBS Conduit Loan for a Single-Tenant Industrial Flex Building
2.1.19: First CMBS Issues for 2019 See Strong Demand
ValueXpress tracks the pricing of CMBS securities because it directly correlates to the interest rate borrowers receive for a CMBS conduit loan. Our insight into the CMBS market ensures that our borrowers receive the lowest possible interest rate on their loan. ValueXpress has been tracking CMBS … [Read more...] about 2.1.19: First CMBS Issues for 2019 See Strong Demand
ValueXpress Arranges $2,000,000 CMBS Conduit Loan for the Retail Portion of a Condominium Building in Chicago, IL
ValueXpress has arranged a $2.0-million first mortgage CMBS conduit loan for the refinance of an industrial/flex building located in the Greektown section of Chicago, Illinois. The purpose of the loan was to obtain a ten-year fixed-rate loan term on a non-recourse basis to replace an existing … [Read more...] about ValueXpress Arranges $2,000,000 CMBS Conduit Loan for the Retail Portion of a Condominium Building in Chicago, IL
ValueXpress Arranges $3,400,000 CMBS Conduit Loan for Industrial/Flex Building in Warrensville Heights, OH
ValueXpress has arranged a $3.4-million first mortgage CMBS conduit loan for the refinance of an industrial/flex building located in Warrensville Heights, a suburb of Cleveland, Ohio. The purpose of the loan was to obtain a ten-year fixed-rate loan term on a non-recourse basis to replace an existing … [Read more...] about ValueXpress Arranges $3,400,000 CMBS Conduit Loan for Industrial/Flex Building in Warrensville Heights, OH
ValueXpress Arranges $8,630,000 CMBS Conduit Loan for 2 Independent Hotels in Seaside, OR
ValueXpress has arranged an $8,630,000 first mortgage CMBS conduit loan for the Seaside Hotel Portfolio, consisting of the refinance of two independent hotels located in Seaside, Oregon. The purpose of the loan was to provide a return of equity to the sponsor and obtain a 10-year, fixed-rate loan … [Read more...] about ValueXpress Arranges $8,630,000 CMBS Conduit Loan for 2 Independent Hotels in Seaside, OR