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

ValueXpress has arranged an $8-million CMBS conduit loan for the refinance of a Candlewood Suites constructed in 2015. Located 20 miles southeast of Nashville off I-24 in Smyrna, Tennessee, the property is a 4-story, 87-room, extended-stay, interior-corridor hotel constructed by the sponsors to … [Read more...] about ValueXpress Arranges $8-Million CMBS Conduit Loan for the Refinance of an 87-Room Candlewood Suites in Smyrna (Nashville), TN

ValueXpress has arranged a $30-million permanent loan for the refinance of the Embassy Suites Hotel in Chattanooga, Tennessee. The transaction was orchestrated by Charlie Lobetti, who manages the ValueXpress office in Knoxville, Tennessee. The transaction provided for a cash-out return of equity to … [Read more...] about ValueXpress Arranges $30-Million Permanent Loan for the Refinance of the Embassy Suites Hotel in Chattanooga, TN

ValueXpress has arranged a $6.2-million CMBS conduit loan for the refinance of a Best Western Hotel constructed in 2002. The three-story property is located near the Galleria section of Houston, Texas. The subject property was acquired by Fountainview BW, LLC in August 2014. The property was … [Read more...] about ValueXpress Arranges $6.2-Million CMBS Conduit Loan for the Refinance of a 69-Room Best Western Hotel in Houston, TX

ValueXpress obtained a $1,725,000 bridge loan that was utilized to acquire a 13,652 square feet mixed-use building located in Staten Island, New York. The building is 97% occupied and leased to a mix of local retail and office tenants. “The transaction demonstrated our ability to provide financing … [Read more...] about ValueXpress Obtains $1,725,000 Bridge Loan for the Acquisition of a Mixed-Use Retail/Office Building in Staten Island, NY

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 has arranged a $6,100,000 CMBS conduit loan for the refinance of an 88-unit apartment development located in Bowling Green, Kentucky. The project is owned locally by Rodgers Real Estate Holdings and Rodney Rodgers, who constructed the project in 2015-2016. The project is 100% occupied. … [Read more...] about ValueXpress Obtains $6.1 Million CMBS Conduit Loan for CCTG Grad for the Refinance of Grand Haven Villas Apartments II in Bowling Green, KY