Kimco Realty Corporation (NYSE: KIM), a real estate investment trust (REIT) founded in 1966, is one of North America’s largest publicly traded owners and operators of open-air shopping centers. As of December 31, 2018, the company owned interests in 437 U.S. shopping centers, comprising 76 million … [Read more...] about 1.20.19: Kimco Realty Reinvents Itself with Signature Series Developments
ValueXpress Arranges $5.5-Million CMBS Conduit Loan for the Refinance of a 91-Room Best Western Hotel Located in Yuba City, CA
ValueXpress has arranged a $5,500,000 CMBS conduit loan for the refinance of a 91-room Best Western hotel located in Yuba City, California. The property is a two-story exterior-corridor hotel that was constructed in 1989. The loan provided for significant cash-out equity return to the owner. The … [Read more...] about ValueXpress Arranges $5.5-Million CMBS Conduit Loan for the Refinance of a 91-Room Best Western Hotel Located in Yuba City, CA
ValueXpress Obtains $9.5-Million Loan Commitment for a Holiday Inn Express Hotel in Maspeth, NY
ValueXpress obtained a $9.5-million first-mortgage loan commitment from a N.Y.-based community bank to refinance a $7.0-million loan that was arranged by ValueXpress five years ago with Community National Bank that is now maturing. The loan provides $1.5 million of proceeds to complete a Property … [Read more...] about ValueXpress Obtains $9.5-Million Loan Commitment for a Holiday Inn Express Hotel in Maspeth, NY
1.18.19: How Does ValueXpress Keep Deals Flowing Smoothly?
ValueXpress closes loans for a lot of first-time borrowers. A good experience results in a long-time repeat borrower. ValueXpress provides a great borrower experience based on our organizational abilities, knowledge sharing and clear direction. Our rock-solid organizational abilities means we send … [Read more...] about 1.18.19: How Does ValueXpress Keep Deals Flowing Smoothly?
ValueXpress Obtains $1,550,000 Loan for a Mixed-Use Property in Brooklyn, NY
ValueXpress has arranged a $1,550,000 loan for the refinance of a mixed-use property located in the Bushwick neighborhood of Brooklyn, New York. The property consists of 5 apartment units situated above a ground floor commercial space leased to a dry cleaner. The property was purchased in 2007 with … [Read more...] about ValueXpress Obtains $1,550,000 Loan for a Mixed-Use Property in Brooklyn, NY
ValueXpress Arranges $5.3-Million CMBS Conduit Loan for the Refinance of a 75-Room Candlewood Suites in Lithia Springs (Atlanta), GA
ValueXpress has arranged a $5.3-million CMBS conduit loan for the refinance of a Candlewood Suites constructed in 2013. Located 15 miles west of Atlanta off I-20 in Lithia Springs, Georgia, the property is a 4-story, 75-room, extended-stay, interior-corridor hotel constructed by the sponsors to … [Read more...] about ValueXpress Arranges $5.3-Million CMBS Conduit Loan for the Refinance of a 75-Room Candlewood Suites in Lithia Springs (Atlanta), GA
ValueXpress Obtains $9-Million CMBS Conduit Loan for a Neighborhood Shopping Center in Wilmington, DE for Client of CCTG Grad
ValueXpress has arranged a $9,000,000 CMBS conduit loan for the refinance of Tally Ho Shopping Center, a 25,100-square-foot neighborhood shopping center anchored by a Bank of America banking center that is leased until 2030. The property is located at the corner of Naamans Road and Concord Pike in … [Read more...] about ValueXpress Obtains $9-Million CMBS Conduit Loan for a Neighborhood Shopping Center in Wilmington, DE for Client of CCTG Grad
ValueXpress Obtains $15-Million CMBS Conduit Loan for the Refinance of the Ambridge Regional Distribution and Manufacturing Center in Ambridge (Pittsburgh), PA
ValueXpress has arranged a $15-million CMBS conduit loan for the refinance of a 1-million-square-foot warehouse and light manufacturing industrial park located in Ambridge, PA, 15 miles north of Pittsburgh. The property features 22 buildings that were constructed in stages between 1920 and 1968. In … [Read more...] about ValueXpress Obtains $15-Million CMBS Conduit Loan for the Refinance of the Ambridge Regional Distribution and Manufacturing Center in Ambridge (Pittsburgh), PA
1.14.19: Report from CREFC
Sentiment was a mix of guarded optimism with a small dose of caution at the January Commercial Real Estate Finance Conference (CREFC) held in Miami, Florida this year. At this 20th annual conference, just under 1,900 registered attendees examined real estate values. The consensus seems to be that … [Read more...] about 1.14.19: Report from CREFC
ValueXpress Obtains a $3.5-Million CMBS Conduit Loan for a 66-Room Holiday Inn Express Located in Dayton, TN
ValueXpress has arranged a $3.5-million CMBS conduit loan for the refinance of a three-story Holiday Inn Express hotel constructed in 2006. The hotel is located in Dayton, Tennessee, 40 miles northeast of Chattanooga. The sponsor purchased the property in 2010 after a period of mismanagement by … [Read more...] about ValueXpress Obtains a $3.5-Million CMBS Conduit Loan for a 66-Room Holiday Inn Express Located in Dayton, TN