ValueXpress has arranged a $5-million CMBS conduit loan for the refinance of a LaQuinta Inn & Suites constructed in 2009 in Grand Prairie (Dallas/Fort Worth), Texas. The property, a 4-story, 73-room interior-corridor hotel, is constructed by the sponsors to LaQuinta Inn & Suites brand … [Read more...] about ValueXpress Arranges $5-Million CMBS Conduit Loan for the Refinance of a 73-Room LaQuinta Inn & Suites in Grand Prairie, TX
ValueXpress Obtains $9.75-Million CMBS Conduit Loan for a Portfolio of 2 Hotels Located in Sandusky, OH
ValueXpress obtained a $9.75-million first-mortgage loan that provided a significant pay down of portfolio debt secured by two hospitality properties located in Sandusky, OH, the Best Western Plus – Sandusky and the Comfort Inn – Sandusky. Both properties are located on Milan Road, adjacent to each … [Read more...] about ValueXpress Obtains $9.75-Million CMBS Conduit Loan for a Portfolio of 2 Hotels Located in Sandusky, OH
ValueXpress Obtains $6.8-Million CMBS Conduit Loan for a Portfolio of 3 Multifamily Properties Located in Augusta and Greenville, SC
ValueXpress obtained a $6.8-million first-mortgage loan that was utilized to refinance existing debt and provide cash-out proceeds secured by a portfolio of three multifamily properties located in Augusta and Greenville, SC: Willow Wick Apartments, Pine Crest Apartments and Broadway … [Read more...] about ValueXpress Obtains $6.8-Million CMBS Conduit Loan for a Portfolio of 3 Multifamily Properties Located in Augusta and Greenville, SC
ValueXpress Arranges $5.0-Million CMBS Conduit Loan for the Refinance of a 70-Room Hampton Inn in Port Huron, MI
ValueXpress has arranged a $5.0-million CMBS conduit loan for the refinance of a Hampton Inn hotel constructed in 1998. Located in Port Huron, MI, the property is a 3-story, 70-room hotel. The property is one of the top performing Hampton Inns in the U.S. Midwest. Situated right off I-69/94, the … [Read more...] about ValueXpress Arranges $5.0-Million CMBS Conduit Loan for the Refinance of a 70-Room Hampton Inn in Port Huron, MI
ValueXpress Arranges $6.6-Million CMBS Conduit Loan for the Refinance of a 102-Room Holiday Inn Express in Port Clinton, OH
ValueXpress has arranged a $6.6-million CMBS conduit loan for the refinance of a 3-story Holiday Inn Express hotel constructed in 2000 and renovated in 2011. The hotel is located in the Port Clinton-Catawba Island area on the southern shore of Lake Erie. Constructed by the sponsors to Holiday Inn … [Read more...] about ValueXpress Arranges $6.6-Million CMBS Conduit Loan for the Refinance of a 102-Room Holiday Inn Express in Port Clinton, OH
ValueXpress Obtains $8-Million CMBS Conduit Loan for a 175-Room Best Western Plus in Baltimore, MD
ValueXpress obtained an $8-million first-mortgage loan that was utilized to refinance existing debt secured by a 175-room Best Western Plus hotel and convention center located in Baltimore, MD. The 3 Diamond AAA hotel is a 12-story, interior corridor hotel that was constructed in 1987; it contains … [Read more...] about ValueXpress Obtains $8-Million CMBS Conduit Loan for a 175-Room Best Western Plus in Baltimore, MD
ValueXpress Closes $4,150,000 Fannie Mae Loan for Cordoba Apartments in Hampton, VA
ValueXpress obtained a $4-million Fannie Mae loan approval from its Fannie Mae partner to refinance a 168-unit Class B apartment community property on a 22-acre site that was built in 1975 by the borrower, Cordoba LLC. The property is located in Hampton, VA. The loan will repay a short-term loan in … [Read more...] about ValueXpress Closes $4,150,000 Fannie Mae Loan for Cordoba Apartments in Hampton, VA
ValueXpress Arranges $3.9-Million CMBS Conduit Loan for the Refinance of a 71-Room LaQuinta Inn & Suites in Katy, TX
ValueXpress has arranged a $3.9-million CMBS conduit loan for the refinance of a LaQuinta Inn & Suites constructed in 2007 in Katy, TX. The property, a 4-story, 71-room interior-corridor hotel, is constructed by the sponsors to LaQuinta Inn & Suites brand standards. The property features 19 … [Read more...] about ValueXpress Arranges $3.9-Million CMBS Conduit Loan for the Refinance of a 71-Room LaQuinta Inn & Suites in Katy, TX
ValueXpress Obtains Another $1-Million Conventional Loan for an Industrial Building for a Brooklyn, N.Y.-Based Clothing Exporter; This Time It’s for His Brother!
ValueXpress obtained another conventional first mortgage loan commitment from its New York-based banking partner Country Bank to be secured by a 12,400-square-foot brick industrial building located in Bronx, NY; the loan commitment is for the brother of a sponsor for whom ValueXpress has arranged … [Read more...] about ValueXpress Obtains Another $1-Million Conventional Loan for an Industrial Building for a Brooklyn, N.Y.-Based Clothing Exporter; This Time It’s for His Brother!
ValueXpress Arranges $3.0-Million CMBS Conduit Loan for the Refinance of a 69-Room Country Inn & Suites in Fairborn (Dayton), OH
ValueXpress has arranged a $3.0-million CMBS conduit loan for the refinance of a Country Inn & Suites hotel constructed in 2006. Located in the Wright Patterson Air Force Base (AFB) section of Dayton, OH, the property is a 3-story, 69-room inn & suites hotel constructed by the sponsors to … [Read more...] about ValueXpress Arranges $3.0-Million CMBS Conduit Loan for the Refinance of a 69-Room Country Inn & Suites in Fairborn (Dayton), OH