ValueXpress has arranged a $6.2-million CMBS conduit loan for the refinance of a 114-room Holiday Inn Express and Suites located in Orange City, Florida. The property is a four-story hotel constructed in 2003 and renovated in 2013. The loan provided cash out to the borrower for a future Property … [Read more...] about ValueXpress Arranges $6,200,000 CMBS Loan for the Refinance of a 114-Room Holiday Inn Express in Orange City, FL

ValueXpress has arranged a $7,005,000 CMBS conduit loan for the purchase of a portfolio of 7 retail properties net-leased to Dollar General for an initial term of 15 years with five 5-year renewal options thereafter. The purchase was part of a successful 1031 tax-deferred exchange for the sponsor. … [Read more...] about ValueXpress Obtains a $7-Million CMBS Conduit Loan for a Portfolio of Dollar General Stores

ValueXpress obtained a $4-million CMBS conduit loan to refinance a $3-million CMBS conduit loan that ValueXpress provided to the sponsor ten years ago. The property, Hastings Self-Storage, is located on the west side of Saw Mill River Road, just south of Farragut Avenue in the village of … [Read more...] about ValueXpress Obtains $4-Million CMBS Conduit Loan for Hastings Self-Storage in Westchester County, NY

ValueXpress arranged financing for a select-service interior-corridor hotel constructed in 2009 located in Morgantown, West Virginia. The transaction was structured with a 10-year, fixed-rate term based on a 25-year amortization schedule. The property, owned by Mountain West Hospitality LLC, is … [Read more...] about ValueXpress Obtains $15,470,000 CMBS Loan for a Hilton Garden Inn located in West Virginia

ValueXpress arranged a $3-million CMBS conduit first-mortgage loan utilized to purchase a 64-room Best Western Inn & Suites located at the Cleveland, Ohio Airport. The property was constructed in 1997 and renovated in 2014. The Best Western Cleveland Airport is located 20 minutes from Downtown … [Read more...] about ValueXpress Obtains $3-Million CMBS Conduit Loan for the Purchase of a 64-Room Best Western Inn & Suites Located at Cleveland, OH Airport

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 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