On April 23-24, 2015 ValueXpress will be exhibiting at the annual Asian American Hotel Owners Association (AAHOA) Trade Show in Long Beach, California. ValueXpress will be located in Booth 559 at the Long Beach Convention Center noon-6:00 p.m. on Thursday, April 23 and noon-5:00 p.m. on Friday, … [Read more...] about 3.11.15: . . . and the AAHOA Trade Show in Long Beach, CA Is Next for ValueXpress
9.15.14: Judge Rejects Lawsuit Motion in AAHOA Rift
A federal court judge has ruled against individuals seeking to remove the entire Asian-American Hotel Owners Association (AAHOA) Board of Directors. In a recent ruling, Judge Harold Murphy rejected the plaintiffs’ motion citing long-standing law the showed the plaintiffs had not met the legal … [Read more...] about 9.15.14: Judge Rejects Lawsuit Motion in AAHOA Rift
AAHOA Alert! 4.30.14: CMBS Conduit Loan Rates for Hotels Fall Below 5%
Lender competition for CMBS conduit loans for hotels, particularly limited-service hotels owned by AAHOA members, is contributing to rapidly declining interest rates for borrowers. In addition, small balance borrowers ($3 million-$10 million) are enjoying low interest rates that were previously … [Read more...] about AAHOA Alert! 4.30.14: CMBS Conduit Loan Rates for Hotels Fall Below 5%
AAHOA Alert! 4.28.14: CMBS Conduit Loans Available in Small Markets
ValueXpress can obtain CMBS conduit loans for AAHOA members who own limited and full-service hotels in small markets. “Traditionally, CMBS conduit lenders do not like small markets and will not make hotel loans there,” notes Michael D. Sneden, Executive Vice President at ValueXpress. “But through … [Read more...] about AAHOA Alert! 4.28.14: CMBS Conduit Loans Available in Small Markets
AAHOA Alert! 4.24.14: AAHOA Borrowers Use Cash-Out Proceeds from CMBS Conduit Loans to Grow
Since 2011 when the CMBS conduit loan market resumed, ValueXpress has made approximately $200 million in CMBS conduit loans to AAHOA members who refinanced approximately $140 million of debt. This means that $60 million of equity was returned to borrowers, most of which was reinvested in additional … [Read more...] about AAHOA Alert! 4.24.14: AAHOA Borrowers Use Cash-Out Proceeds from CMBS Conduit Loans to Grow
3.21.14: AAHOA Trade Show Featuring “Deal Central” an Enormous Success
The ValueXpress booth was bustling with activity on March 20-21, 2014 at the annual Asian American Hotel Owners Association (AAHOA) Trade Show in Philadelphia, Pennsylvania. Over 3,000 attendees visited the trade show held at the Pennsylvania Convention Center. “Again this year as last year, the top … [Read more...] about 3.21.14: AAHOA Trade Show Featuring “Deal Central” an Enormous Success
2.21.14: AAHOA Members: Bring P&L and STAR Report to Philly
ValueXpress will offer “on the spot” loan proposals to Asian American Hotel Owners Association (AAHOA) members attending the “Deal Connection” event and Trade Show at the AAHOA Annual Convention in Philadelphia on March 19-21, 2014. “Just bring your 2013 property income and expense statement and … [Read more...] about 2.21.14: AAHOA Members: Bring P&L and STAR Report to Philly
4.5.13: AAHOA Show an Enormous Success
The ValueXpress booth was bustling with activity on March 28-29, 2013 at the annual Asian American Hotel Owners (AAHOA) Trade Show in Houston, TX. Over 3,000 attendees visited the trade show at the George R. Brown Convention Center. “This year, the product of the day was CMBS conduit loans. With … [Read more...] about 4.5.13: AAHOA Show an Enormous Success
3.29.13: Raj Patel Wins Authentic 24-K Gold-Plated $100 Bill at AAHOA Show
Hotel owner Raj Patel won a 24-karat gold-plated $100 bill at the ValueXpress booth at the Asian-American Hotel Owners (AAHOA) Convention and Trade Show in Houston, TX last week. Over 500 cards were submitted for the ValueXpress drawing, which we consider a big success. Raj Patel and his 24 karat … [Read more...] about 3.29.13: Raj Patel Wins Authentic 24-K Gold-Plated $100 Bill at AAHOA Show
3.4.13: ValueXpress Exhibiting at AAHOA Trade Show in Houston, TX
On March 28-29, 2013 ValueXpress will be exhibiting at the annual Asian American Hotel Owners (AAHOA) Trade Show in Houston, TX. ValueXpress will be located in Booth 736 at the George R. Brown Convention Center noon-6:00 p.m. on both Thursday, March 28 and Friday, March 29. “ValueXpress is an Allied … [Read more...] about 3.4.13: ValueXpress Exhibiting at AAHOA Trade Show in Houston, TX