Best Western has announced the formation of SureStay Hotel Group, a new economy and lower mid-level brand rolled out at the Lodging Conference held at the end of September at the Arizona Biltmore Resort and Spa. The brand is designed to complement the Best Western flagship brands – Best Western, … [Read more...] about 10.19.16: Best Western Announces New Brand – SureStay Hotel Group
10.14.16: NACLB Convention an Enormous Success for ValueXpress; Attendance More Than Doubles
ValueXpress experienced overwhelming mortgage broker traffic at networking events and at its booth during the 2nd Annual National Alliance of Commercial Loan Brokers (NACLB) Conference & Expo that was recently held at the Red Rock Casino in Las Vegas. ValueXpress participated as a Platinum … [Read more...] about 10.14.16: NACLB Convention an Enormous Success for ValueXpress; Attendance More Than Doubles
10.6.16: ValueXpress Honored with “2016 Broker Program of the Year” Award at NACLB Convention & Expo
ValueXpress was presented the “2016 Broker Program of the Year” award for CMBS conduit loans at the 2nd Annual National Alliance of Commercial Loan Brokers (NACLB) Conference & Expo. The award recognizes the firm that provides a high level of broker service in origination, processing and closing … [Read more...] about 10.6.16: ValueXpress Honored with “2016 Broker Program of the Year” Award at NACLB Convention & Expo
10.5.16: Michael D. Sneden Reports on CMBS Market During Opening General Session at NACLB Convention & Expo
Bob Coleman, Editor of the Coleman Report, recorded the comments of Michael D. Sneden from the 2nd Annual National Alliance of Commercial Loan Brokers (NACLB) Conference & Expo opening general session on the State of Lending as it relates to CMBS conduit loans. Coleman said, “Today (October 5) … [Read more...] about 10.5.16: Michael D. Sneden Reports on CMBS Market During Opening General Session at NACLB Convention & Expo
9.30.16: Dennis Suh: Report from the SSA Trade Show
Dennis Suh, Vice President of Originations at ValueXpress, recently represented ValueXpress at the Self-Storage Association’s (SSA) 2016 Fall Conference & Trade Show in Las Vegas, Nevada. “The SSA trade show was a huge success, with over 2,000 self-storage professionals in attendance,” commented … [Read more...] about 9.30.16: Dennis Suh: Report from the SSA Trade Show
9.26.16: ValueXpress to Be a Sponsor of the 11th Annual Vishal Bhagat Memorial Golf Tournament
ValueXpress has committed to be a sponsor of the 11th annual Vishal Bhagat Memorial Golf Tournament, which will take place at the NorthShore Country Club in Portland (Corpus Christi), Texas on Friday, November 4, 2016 and Saturday, November 5, 2016. The event is the primary fundraiser for the Vishal … [Read more...] about 9.26.16: ValueXpress to Be a Sponsor of the 11th Annual Vishal Bhagat Memorial Golf Tournament
9.18.16: CMBS Market Prepares for Costs Related to Risk Retention
Borrowers should expect a modest increase in loan spreads beginning in late October as the market prepares for the economic impact of risk retention rules that take effect December 24. Initially CMBS lenders projected the increase on loan spreads would be as much as 50 basis points (bp), but now … [Read more...] about 9.18.16: CMBS Market Prepares for Costs Related to Risk Retention
9.16.16: ValueXpress Arranges Groundbreaking CMBS Conduit Loan for Office Suite Portfolio
ValueXpress has arranged a $28-million CMBS conduit loan secured by a portfolio of eight office buildings that are specifically designed and leased as office suites. The transaction is by far the largest office suite transaction completed since the restart of the CMBS conduit loan market in 2010. … [Read more...] about 9.16.16: ValueXpress Arranges Groundbreaking CMBS Conduit Loan for Office Suite Portfolio
9.13.16: More Takeaways from the Yeager Office Suite Transaction
One of the most fascinating takeaways from the Yeager Office Suite transaction is the extraordinary demand for office suite space. It was not uncommon for new buildings in the portfolio to absorb to 100% occupancy within 90 days. Knowing that traditional suburban office buildings are struggling in … [Read more...] about 9.13.16: More Takeaways from the Yeager Office Suite Transaction
9.7.16: Wellness Travel Is Latest Trend in Hospitality
Hoteliers often hear their guests say, “I really have a hard time staying in shape and eating properly when I travel.” Well, research points out many travelers feel this way. According to Joel Eisemann, chief development officer in the United States for Intercontinental Hotels Group (IHG), “Our … [Read more...] about 9.7.16: Wellness Travel Is Latest Trend in Hospitality
