Dennis Suh and Stan Siciliano represented ValueXpress at the International Council of Shopping Centers (ICSC) RECon convention at the Las Vegas Convention Center in Las Vegas, Nevada May 20-23. Much of the discussion at the convention centered on the fate of malls in America. Class B and C malls in … [Read more...] about 5.23.17: Report from ICSC RECon Conference
5.19.17: CMBS Industry Working on Improving Loan Servicing
Borrower complaints regarding CMBS loan servicing are resulting in action by industry participants to improve the loan servicing experience. Industry leaders are recognizing that poor servicing experiences are driving borrowers to other loan products, depressing already relatively low CMBS loan … [Read more...] about 5.19.17: CMBS Industry Working on Improving Loan Servicing
5.12.17: Meet ValueXpress at ICSC’s RECon in Las Vegas!
On May 21-24, 2017, Dennis Suh and Stan Siciliano will be representing ValueXpress at the International Council of Shopping Centers (ICSC) RECon convention at the Las Vegas Convention Center in Las Vegas, Nevada. RECon is the world’s largest retail real estate convention with more than 37,000 … [Read more...] about 5.12.17: Meet ValueXpress at ICSC’s RECon in Las Vegas!
5.9.17: CMBS Conduit Loan Volume Increasing
More borrowers are securing CMBS conduit loans as we progress in 2017, as evidenced by trends in the issuance of CMBS conduit securities. CMBS conduit issuance of $15.2 billion in the first quarter of 2017 fell short of the $19.2 billion for the same period in 2016. However, volume has picked up, … [Read more...] about 5.9.17: CMBS Conduit Loan Volume Increasing
5.3.17: A Lesson on Why Non-Recourse Is Important
One of the primary benefits of CMBS conduit loans is that they are non-recourse. As such, the borrower and guarantor (typically an individual who owns or controls the majority of the borrowing entity) are not personally liable for repayment of the loan in the event of default and foreclosure. The … [Read more...] about 5.3.17: A Lesson on Why Non-Recourse Is Important
4.28.17: Raising Real Estate Capital in the Digital Age
In the past, raising outside equity for small- and mid-sized real estate operators to purchase commercial real estate was dominated by investment advisors who would pitch deals to their clients. The minimum investment amounts were fairly low, in the $25,000-$100,000 area, and investment advisors … [Read more...] about 4.28.17: Raising Real Estate Capital in the Digital Age
4.25.17: 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 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 roughly 2.30%-2.60%. … [Read more...] about 4.25.17: CMBS Conduit Loan Rates Stable as CMBS Spreads Remain Steady
4.19.17: National Alliance of Commercial Loan Brokers (NACLB) Announces 3rd Annual Conference & Expo to be Held in Orlando, FL
The Gaylord Palms Resort and Convention Center in Orlando, Florida is the site of the NACLB’s 3rd Annual National Alliance of Commercial Loan Brokers (NACLB) Conference & Expo. The conference begins on Tuesday, October 17 with an opening cocktail reception and concludes on Thursday afternoon, … [Read more...] about 4.19.17: National Alliance of Commercial Loan Brokers (NACLB) Announces 3rd Annual Conference & Expo to be Held in Orlando, FL
4.13.17: AAHOA Trade Show in San Antonio, TX a Huge Success
On April 12-13, 2017, ValueXpress exhibited at the annual Asian American Hotel Owners (AAHOA) Trade Show held in San Antonio, Texas. The sold-out trade show was attended by a record crowd of more than 6,500 Asian American hoteliers ready to lock in long-term, fixed-rate hotel loans before interest … [Read more...] about 4.13.17: AAHOA Trade Show in San Antonio, TX a Huge Success
4.10.17: Hoteliers Should Use CMBS Loans to Finance PIPs
Competition among hotel franchises is fierce. Franchisors are continually updating the interior and exterior designs for new hotels that become part of their franchise. This updating is often referred to as the latest “prototype” or “brand standard.” Properties that were franchised 10-15 years ago … [Read more...] about 4.10.17: Hoteliers Should Use CMBS Loans to Finance PIPs
