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 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.

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 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

ValueXpress has arranged a $4,700,000 CMBS conduit loan for the refinance of a 55-room Best Western hotel located in Ellensburg, Washington. The property is a three-story interior-corridor hotel that was constructed in 2002. The loan provided for cash-out equity return to the owner in addition to … [Read more...] about ValueXpress Arranges $4.7-Million CMBS Conduit Loan for the Refinance of a 55-Room Best Western Hotel in Ellensburg, WA

ValueXpress has arranged a $5,950,000 CMBS conduit loan for the refinance of a 75-room Holiday Inn Express and Suites located in Guymon, Oklahoma. The property is a 4-story hotel that was constructed in 2009. The loan provided for cash-out proceeds for a Property Improvement Plan (PIP) in … [Read more...] about ValueXpress Arranges $5,950,000 CMBS Conduit Loan for the Refinance of a 75-Room Holiday Inn Express and Suites Hotel Located in Guymon, OK

ValueXpress has arranged a $4,536,000 CMBS conduit loan for the refinance of a 63-Room Country Inn & Suites in Pensacola, FL. The property is a 4-story, 63-room Inn & Suites constructed in 2008. The property is located adjacent to Interstate 10, which leads from Mobile, Alabama to the West … [Read more...] about ValueXpress Arranges $4.54-Million CMBS Conduit Loan for the Refinance of a 63-Room Country Inn & Suites in Pensacola, FL