ValueXpress is pleased to announce that the minimum loan size for its CMBS conduit program has been further reduced to $2 million nationwide. The program provides for 5-year fixed-rate, non-recourse loans secured by anchored shopping centers, urban/suburban office buildings and multi-tenant industrial properties. Amortization is based on a 30-year schedule. Properties should be high-quality assets located in primary or secondary markets. “When we announced a reduction in the minimum loan size from $10 million to $5 million in December 2009 we knew the lower loan amount would help build volume for the CMBS conduit loan program. Further reduction to $2 million will help even more,” said Gary Unkel, a ValueXpress loan originator.