The global threat from the coronavirus pandemic will eventually pass and hard-hit hoteliers will begin to see occupancies rise. Green shoots are sprouting for certain markets, primarily drive-to beach locations, budget hotels and smaller, limited service interstate highway properties. Hotels that … [Read more...] about 6.4.20: CERTAIN HOTEL MARKETS BEGIN TO SEE RECOVERY
5.7.20: VALUEXPRESS CLIENTS BEGIN RECEIVING LOAN PAYMENT DEFERRAL APPROVALS
On March 20th, ValueXpress began providing advisory services to obtain loan payment deferrals for existing and new clients related to the effects of the COVID-19 outbreak. The response was remarkable and we are pleased to have processed relief requests for over 30 clients. Master Servicers and … [Read more...] about 5.7.20: VALUEXPRESS CLIENTS BEGIN RECEIVING LOAN PAYMENT DEFERRAL APPROVALS
6.11.15: Meanwhile, CMBS Prices Begin to Weaken, Borrower Spreads to Widen
Two CMBS conduit deals were being marketed during the week of June 8, a $1.3-billion offering by Deutsche Bank, CCRE, Ladder Capital and KeyBank, and a $1.2-billion offering by Wells Fargo, Rialto Mortgage Finance, Silverpeak Real Estate Finance, Walker & Dunlop and NCB. Price guidance on the … [Read more...] about 6.11.15: Meanwhile, CMBS Prices Begin to Weaken, Borrower Spreads to Widen
5.22.12: 504 Poolers Begin to Shut Origination Window
Lenders that are originating SBA 504 loans (both in the construction/acquisition and refinance program) purely for pooling the first mortgage loan for sale in the secondary market are beginning to shut down those operations in anticipation of the expiration of the program on September 23, 2012. … [Read more...] about 5.22.12: 504 Poolers Begin to Shut Origination Window