Industry professionals are recognizing that the long-term appeal of CMBS for commercial real estate finance may be diminished if the borrower experience with loan servicing is poor. Recently, Stacey Berger, an Executive Vice President, and Bob Wright, a Senior Vice President, of Midland Loan … [Read more...] about 10.9.17: Discussion Under Way to Improve CMBS Servicing
10.4.17: Cash-Out SBA 7(a) Loans Now Available
ValueXpress has partnered with a non-bank SBLC licensed SBA 7(a) lender to originate SBA 7(a) loans nationwide that allow for cash-out proceeds to the borrower for a refinance. The firm has a Preferred Lenders Program (PLP) designation, and therefore, the SBA has delegated credit decisions and … [Read more...] about 10.4.17: Cash-Out SBA 7(a) Loans Now Available
9.29.17: Reach Out to Community Banks for CMBS & Non-CMBS Opportunities
ValueXpress is always looking for effective avenues to find borrowers that may be interested in CMBS conduit loans. Until recently, a steady source of CMBS conduit loan originations resulted from refinancing maturing 10-year term CMBS conduit loans closed in 2006-2007 during the height of the CMBS … [Read more...] about 9.29.17: Reach Out to Community Banks for CMBS & Non-CMBS Opportunities
9.25.17: ValueXpress Is Refreshing Its Website
ValueXpress is updating its website to incorporate advances in technology since we first launched our website in 2006. The current website has won awards for its graphics and we have updated it piecemeal over time, but it’s time for a complete overhaul. The refresh will provide a more personalized … [Read more...] about 9.25.17: ValueXpress Is Refreshing Its Website
9.18.17: ValueXpress to Be a Sponsor of the 12th Annual Vishal Bhagat Memorial Golf Tournament
ValueXpress has committed to be a sponsor of the 12th annual Vishal Bhagat Memorial Golf Tournament, which will take place at the NorthShore Country Club in Portland (Corpus Christi), Texas on Friday, November 3, 2017 and Saturday, November 4, 2017. The event is the primary fundraiser for the Vishal … [Read more...] about 9.18.17: ValueXpress to Be a Sponsor of the 12th Annual Vishal Bhagat Memorial Golf Tournament
9.15.17: ValueXpress to Exhibit at the 3rd Annual National Alliance of Commercial Loan Brokers Conference & Expo
ValueXpress will be exhibiting at the 3rd Annual National Alliance of Commercial Loan Brokers (NACLB) Conference & Expo at the Gaylord Palms Resort and Convention Center in Orlando, Florida. The conference begins on Tuesday, October 17 with an opening cocktail reception and concludes on Thursday … [Read more...] about 9.15.17: ValueXpress to Exhibit at the 3rd Annual National Alliance of Commercial Loan Brokers Conference & Expo
9.12.17: CMBS Conduit Loan Rates Stable as CMBS Spreads Remain Steady
CMBS conduit loan borrowers are finding calm waters as spreads on CMBS securities have been stable at attractive levels for most of 2017 to date. In addition, the 10-year Swap rate, the benchmark index for setting interest rates on CMBS conduit loans, has remained in a relatively narrow range of … [Read more...] about 9.12.17: CMBS Conduit Loan Rates Stable as CMBS Spreads Remain Steady
9.7.17: Small Balance Bridge Loans Now Available
We recently wrote about the benefits of bridge loans for transitional properties in which the assets can be eligible for CMBS conduit loans, but are temporarily underperforming. Typical situations are properties that may be in lease-up, perhaps in conjunction with a rehabilitation program that will … [Read more...] about 9.7.17: Small Balance Bridge Loans Now Available
9.1.17: CBRE Reports on Cap Rates at Mid-Year
CBRE recently published its survey of capitalization rates (“cap rates”) for income producing commercial real estate (retail, office, industrial, multifamily and hotel) as of June 30, 2017. CBRE notes that cap rates were little changed in the first half of the year, with slight increases or … [Read more...] about 9.1.17: CBRE Reports on Cap Rates at Mid-Year
8.29.17: Tanger Factory Outlets Stock Takes a Beating
In order to make prudent commercial loans in the sector, many lenders are trying to sort out surviving retailers that will continue to be successful in brick-and-mortar retail stores. Some results are easy to see. Class B and C malls pretty much cannot be financed on a non-recourse basis, and they … [Read more...] about 8.29.17: Tanger Factory Outlets Stock Takes a Beating
