ValueXpress obtained a $1,443,750 first-mortgage loan that was utilized to purchase a 32,800-square-foot, two-building warehouse complex located at 510 Midland Avenue in Houston, Texas. The building will be owner-occupied by an affiliated company owned by the client. The loan was arranged by … [Read more...] about ValueXpress Secures a $1,443,750 Community Bank Loan for the Purchase of a Warehouse in Houston, TX for Long-Time Client
ValueXpress Obtains $4.8-Million CMBS Conduit Loan for Neighborhood Shopping Center Located in Mansfield, Warren County, NJ
ValueXpress obtained a $4.8-million first-mortgage loan that was utilized to refinance existing debt secured by a 28,000-square-foot neighborhood shopping center located in Mansfield Township, Warren County, New Jersey. The property is currently 100% occupied by 12 tenants and is anchored by an … [Read more...] about ValueXpress Obtains $4.8-Million CMBS Conduit Loan for Neighborhood Shopping Center Located in Mansfield, Warren County, NJ
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 Arranges $8,200,000 CMBS Conduit Loan for the Purchase of a Hilton Garden Inn in Killeen, TX
ValueXpress obtained an $8,200,000 CMBS conduit loan for the purchase of a 102-room Hilton Garden Inn located in Killen, Texas. The purchaser, Vui Le, will complete a change-of-ownership Property Improvement Plan (PIP) in conjunction with a new 15-year franchise agreement with Hilton Worldwide. The … [Read more...] about ValueXpress Arranges $8,200,000 CMBS Conduit Loan for the Purchase of a Hilton Garden Inn in Killeen, TX
ValueXpress Arranges $9,000,000 Community Bank Loan to Refinance a 103-Room Wingate by Wyndham Hotel Located Near JFK Airport
ValueXpress obtained a $9,000,000 community bank loan to refinance a construction loan that was utilized to construct a 6-story, 103-room Wingate by Wyndham hotel located minutes from John F. Kennedy (JFK) airport. This transaction is the second closing completed by ValueXpress for this client. The … [Read more...] about ValueXpress Arranges $9,000,000 Community Bank Loan to Refinance a 103-Room Wingate by Wyndham Hotel Located Near JFK Airport
ValueXpress Arranges $1,900,000 CMBS Loan to Refinance a Bridge Loan Closed in 2017 Secured by a Mixed-Use Retail/Office Building in Staten Island, NY
ValueXpress obtained a $1,900,000 CMBS conduit loan to replace a $1,725,000 bridge loan that was obtained by ValueXpress in October 2017. The bridge loan was used 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 … [Read more...] about ValueXpress Arranges $1,900,000 CMBS Loan to Refinance a Bridge Loan Closed in 2017 Secured by a Mixed-Use Retail/Office Building in Staten Island, NY
ValueXpress Secures a $6-Million CMBS Conduit Loan for a Retail Center Located in Henderson (Las Vegas), NV
ValueXpress has arranged a $6.0-million first mortgage CMBS conduit loan for the refinance of two adjacent retail buildings located in Henderson, Nevada. Henderson is a rapidly growing suburb of Las Vegas that is located approximately 10 miles southeast of the city. The purpose of the loan was to … [Read more...] about ValueXpress Secures a $6-Million CMBS Conduit Loan for a Retail Center Located in Henderson (Las Vegas), NV
ValueXpress Arranges $8.6-Million CMBS Conduit Loan for the Refinance of a 98-Room Staybridge Suites Hotel in San Antonio, TX
ValueXpress has arranged an $8.6-million CMBS conduit loan for the refinance of a Staybridge Suites constructed in 2009 located near SeaWorld in San Antonio. SeaWorld San Antonio is a 250-acre marine mammal park, oceanarium, and animal theme park in the Westover Hills District of San Antonio, Texas … [Read more...] about ValueXpress Arranges $8.6-Million CMBS Conduit Loan for the Refinance of a 98-Room Staybridge Suites Hotel in San Antonio, TX
ValueXpress Arranges a $6,600,000 Commercial Loan Through Country Bank for the Expansion of 2010 Ocean Avenue Apartments, Brooklyn, NY
ValueXpress has arranged a $6.6-million commercial real estate loan through its affiliated bank, Country Bank, for the renovation and vertical expansion to 65 units of an existing 39-unit multifamily apartment building located in the Midwood section of Brooklyn, New York. The existing building … [Read more...] about ValueXpress Arranges a $6,600,000 Commercial Loan Through Country Bank for the Expansion of 2010 Ocean Avenue Apartments, Brooklyn, NY
ValueXpress Arranges $6,000,000 CMBS Conduit Loan Through Fixed-Fee Program for the Refinance of Commercial Self-Storage – Castleton (Indianapolis), IN
ValueXpress has arranged a $6,000,000 CMBS conduit loan for the refinance of a 66,800-square-foot self-storage facility located in the Castleton section of Indianapolis. The property was purchased by the sponsor, Jim Sapp, in December 2009. At acquisition, the property contained 33,600 square feet … [Read more...] about ValueXpress Arranges $6,000,000 CMBS Conduit Loan Through Fixed-Fee Program for the Refinance of Commercial Self-Storage – Castleton (Indianapolis), IN