ValueXpress has arranged a $4,050,000 CMBS conduit loan for the purchase of a Homewood Suites by Hilton limited-service hotel. The Homewood Suites – Jackson/Ridgeland is a 3-story, 91-room interior corridor property constructed in 1997. A major Property Improvement Plan (PIP), expected to cost $2 … [Read more...] about VALUEXPRESS OBTAINS $4.05-MILLION CMBS CONDUIT LOAN FOR THE PURCHASE OF A HOMEWOOD SUITES LIMITED SERVICE HOTEL IN RIDGELAND (JACKSON), MS
VALUEXPRESS OBTAINS $6.65-MILLION CMBS CONDUIT LOAN FOR A SINGLE-TENANT INDUSTRIAL FLEX BUILDING
ValueXpress obtained a $6,650,000 first-mortgage CMBS conduit loan that was utilized to refinance an 82,280-square-foot single-tenant, industrial flex building located in St. Louis, Missouri. The building is 100% occupied and leased to Nooter Construction Company. The transaction refinanced a … [Read more...] about VALUEXPRESS OBTAINS $6.65-MILLION CMBS CONDUIT LOAN FOR A SINGLE-TENANT INDUSTRIAL FLEX BUILDING
VALUEXPRESS ARRANGES $11,000,000 CMBS CONDUIT LOAN FOR THE REFINANCE OF A HILTON GARDEN INN IN PASCAGOULA, MS
ValueXpress obtained an $11-million CMBS conduit loan for the refinance of a 119-room Hilton Garden Inn located in Pascagoula, Mississippi. The 5-story property was constructed in 2014 and is the number one-rated hotel in the Pascagoula market, according to TripAdvisor. The loan refinanced a … [Read more...] about VALUEXPRESS ARRANGES $11,000,000 CMBS CONDUIT LOAN FOR THE REFINANCE OF A HILTON GARDEN INN IN PASCAGOULA, MS
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 $6.96-MILLION CMBS CONDUIT LOAN FOR THE PURCHASE OF AN 85-ROOM HOLIDAY INN EXPRESS IN MEMPHIS, TN
ValueXpress has arranged a $6,960,000 CMBS conduit loan for the purchase of a four-story Holiday Inn Express & Suites hotel constructed in 2018. The loan was based on 70% of the purchase price for the hotel and included financing for 70% of the Property Improvement Plan (PIP) costs. The … [Read more...] about VALUEXPRESS OBTAINS $6.96-MILLION CMBS CONDUIT LOAN FOR THE PURCHASE OF AN 85-ROOM HOLIDAY INN EXPRESS IN MEMPHIS, TN
VALUEXPRESS OBTAINS $6.15-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF A 73-ROOM LAQUINTA INN & SUITES IN HOLBROOK, AZ
ValueXpress has arranged a $6,150,000 CMBS conduit loan for the refinance of a four-story LaQuinta Inn & Suites hotel constructed in 2020. The loan provided an opportunity to pay off an existing SBA 7(a) loan, which will provide the sponsors eligibility for a new SBA 7(a) loan to construct … [Read more...] about VALUEXPRESS OBTAINS $6.15-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF A 73-ROOM LAQUINTA INN & SUITES IN HOLBROOK, AZ
VALUEXPRESS OBTAINS $5.5-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF A 78-ROOM HAMPTON INN & SUITES IN RICHLAND, MS
ValueXpress has arranged a $5,500,000 CMBS conduit loan for the refinance of a four-story Hampton Inn hotel constructed in 2015. The loan provided an opportunity to pay off an existing SBA 504 loan and some additional high-cost construction debt. The new loan features a lower monthly payment based … [Read more...] about VALUEXPRESS OBTAINS $5.5-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF A 78-ROOM HAMPTON INN & SUITES IN RICHLAND, MS
VALUEXPRESS ARRANGES $2.4-MILLION LOAN FOR THE PURCHASE OF A 68-UNIT APARTMENT COMPLEX LOCATED IN HARTFORD, CT
ValueXpress has arranged a $2.4-million loan for the purchase of a 68-unit apartment complex located in Hartford, Connecticut. Constructed in 1968, the property is in an urban area of Hartford desired by blue collar residents because of walking access to employers and amenities. The property … [Read more...] about VALUEXPRESS ARRANGES $2.4-MILLION LOAN FOR THE PURCHASE OF A 68-UNIT APARTMENT COMPLEX LOCATED IN HARTFORD, CT
VALUEXPRESS ARRANGES $9.2-MILLION LOAN FOR THE PURCHASE OF A 20,880-SQUARE-FOOT COMMERCIAL BUILDING LOCATED IN BROOKLYN, NY FOR CONVERSION TO RETAIL USE
ValueXpress has arranged a $9.2-million loan for the purchase of a 20,880-square-foot warehouse building that will be converted into a multi-tenant retail center. The property is in the Bushwick neighborhood of Brooklyn, New York. The single-story building will feature a new façade, architectural … [Read more...] about VALUEXPRESS ARRANGES $9.2-MILLION LOAN FOR THE PURCHASE OF A 20,880-SQUARE-FOOT COMMERCIAL BUILDING LOCATED IN BROOKLYN, NY FOR CONVERSION TO RETAIL USE
VALUEXPRESS OBTAINS $6.1-MILLION CMBS CONDUIT LOAN FOR A 9-BUILDING INDUSTRIAL PARK LOCATED IN NAPLES, FL
ValueXpress obtained a $6.1-million first-mortgage loan that was utilized to refinance existing debt secured by an 118,300-square-foot, 9-building warehouse facility located in the Naples, Florida Metropolitan Statistical Area. The property is currently 100% occupied by 21 tenants. The buildings … [Read more...] about VALUEXPRESS OBTAINS $6.1-MILLION CMBS CONDUIT LOAN FOR A 9-BUILDING INDUSTRIAL PARK LOCATED IN NAPLES, FL