ValueXpress obtained a $3-million first-mortgage CMBS conduit loan that was utilized to acquire a 54,450-square-foot shopping center located on Jimmy Lee Smith Parkway in Hiram, Georgia. The property is currently 94% occupied by 10 tenants and in excellent condition. The property was constructed in … [Read more...] about ValueXpress Obtains $3-Million CMBS Conduit Loan for a Shopping Center in Hiram, GA
ValueXpress Obtains $1,750,000 SBA 7(a) Loan Secured by a 57-Room Super 8 Hotel in Clinton, MS
ValueXpress has obtained a $1,750,000 SBA 7(a) loan for Hospitality Solutions, Inc., secured by a 2-story, 57-room limited-service franchised hotel operating under the Super 8 franchise. The property was constructed in 2002. The loan allowed the existing 50% owner of the hotel to purchase the … [Read more...] about ValueXpress Obtains $1,750,000 SBA 7(a) Loan Secured by a 57-Room Super 8 Hotel in Clinton, MS
ValueXpress Arranges $30-Million CMBS Conduit Loan for the Refinance of a Portfolio of Six Hotels in the Southeast
ValueXpress has arranged a $30-million CMBS conduit loan for a portfolio of six hotels located in the Southeast. The portfolio consists of four limited-service hotels, one select service hotel and one extended-stay hotel. The properties range in size from 75 to 100 rooms. The hotels operate under a … [Read more...] about ValueXpress Arranges $30-Million CMBS Conduit Loan for the Refinance of a Portfolio of Six Hotels in the Southeast
ValueXpress Arranges $3.1-Million CMBS Conduit Loan for the Refinance of a Walgreens Drugstore in Vermont
ValueXpress has arranged a $3.1-million CMBS conduit loan for the refinance of a free-standing Walgreens located at 476 Canal Street in Brattleboro, Vermont. The transaction paid off an existing CMBS conduit loan that was set to mature in December. ValueXpress arranged the loan to close early in the … [Read more...] about ValueXpress Arranges $3.1-Million CMBS Conduit Loan for the Refinance of a Walgreens Drugstore in Vermont
ValueXpress Arranges a $28-Million CMBS Conduit Loan for the Refinance of an 8 Building Office Suite Portfolio in Indianapolis, IN and Dallas, TX
ValueXpress has arranged a $28-million CMBS conduit loan for the refinance of an eight building office suite portfolio located in Indianapolis, Indiana and Frisco (Dallas), Texas. The transaction provided significant cash-out loan proceeds to allow the sponsor, Scott Yeager, to continue to grow the … [Read more...] about ValueXpress Arranges a $28-Million CMBS Conduit Loan for the Refinance of an 8 Building Office Suite Portfolio in Indianapolis, IN and Dallas, TX
ValueXpress Arranges $5.3-Million CMBS Conduit Loan for the Refinance of 80-Room Holiday Inn Express in Tucumcari, N.M.
ValueXpress has arranged a $5.3-million CMBS conduit loan for the refinance of a three-story Holiday Inn Express hotel constructed to Holiday Inn Express brand standards in 2007. The hotel is located in Tucumcari, New Mexico. Tucumcari is located on I-40 (historic Route 66), midway between Amarillo, … [Read more...] about ValueXpress Arranges $5.3-Million CMBS Conduit Loan for the Refinance of 80-Room Holiday Inn Express in Tucumcari, N.M.
12.21.18: When Is a CMBS Conduit Loan Right for You?
ValueXpress is often asked, “When is a CMBS conduit loan right for me and my commercial property?” The answer begins with the two most compelling benefits of CMBS conduit loans: All CMBS conduit loans are non-recourse, which means there are no personal guarantees. CMBS conduit loans allow for … [Read more...] about 12.21.18: When Is a CMBS Conduit Loan Right for You?
ValueXpress Arranges $7,150,000 CMBS Conduit Loan for the Refinance of Two Drugstores in New Jersey and North Carolina
ValueXpress has arranged a $7.15-million CMBS conduit loan for the refinance of two free-standing drugstores, a Walgreens located in Glendora, N.J. and a Rite Aid located in Whiteville, N.C. Since the properties were under common ownership, the loan was made to two separate entities, but was cross … [Read more...] about ValueXpress Arranges $7,150,000 CMBS Conduit Loan for the Refinance of Two Drugstores in New Jersey and North Carolina
ValueXpress Arranges $4-Million CMBS Conduit Loan for the Refinance of an 80-Room Holiday Inn Express and Suites Hotel in Canton, MS
ValueXpress has arranged a $4-million CMBS conduit loan for the refinance of an 80-room Holiday Inn Express and Suites located in Canton, Mississippi. The property is a three-story hotel that was constructed in 2007. The loan provided for cash-out proceeds for a Property Improvement Plan (PIP) in … [Read more...] about ValueXpress Arranges $4-Million CMBS Conduit Loan for the Refinance of an 80-Room Holiday Inn Express and Suites Hotel in Canton, MS
ValueXpress Obtains $13.6-Million CMBS Conduit Loan for a Neighborhood Shopping Center in Charleston, WV
ValueXpress obtained a $13.6-million first-mortgage CMBS conduit loan that was utilized to refinance existing debt secured by a one-story, 210,000-square-foot community shopping center located on I-79 near Charleston, West Virginia. The property is currently 92% occupied by 21 tenants. The property … [Read more...] about ValueXpress Obtains $13.6-Million CMBS Conduit Loan for a Neighborhood Shopping Center in Charleston, WV