CMBS conduit loans require quarterly and annual financial reporting that must be provided to the loan servicer. In addition, to draw funds from reserves requires substantial documentation for the draw to be approved. Many CMBS borrowers find the reporting requirements a burden and prefer to spend … [Read more...] about 2.5.21: VALUEXPRESS PROVIDES CMBS LOAN SERVICING ASSISTANCE TO CLIENTS
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
On March 20, ValueXpress launched advisory services to obtain loan payment deferrals for existing and new clients with CMBS loans. Click here for information regarding this program. We are working with master servicers and special servicers to assist over 30 ValueXpress clients currently. On … [Read more...] about 3.30.20: BREAKING: VALUEXPRESS PREPARES TO ASSIST CLIENTS WITH SBA DISASTER LOANS AND SBA PAYCHECK PROTECTION LOANS
The key individuals on the ValueXpress team have significant years of experience in the underwriting and closing of commercial loans, particularly CMBS conduit loans. Mike Sneden has 25 years of experience, and Dennis Suh, Gary Unkel and Jim Brett each have 15 years. This talented team is focused on … [Read more...] about 11.11.19: WHY DOES VALUEXPRESS EXCEL FOR CLIENTS: EXPERIENCE!
The greatest value ValueXpress brings to a deal is our 30 years of experience in negotiating the best loan terms for our clients. Having completed over 400 loan transactions, we at ValueXpress are aware of all the negotiable loan provisions, and we will ensure that the loan provisions are the most … [Read more...] about 9.11.18: How ValueXpress Negotiates the Best Terms for Its Clients
ValueXpress has many borrower clients who obtain CMBS conduit loans for the sole purpose of selling the property under the assumption clause. How many times have we heard “the acquisition deal fell apart because the buyer could not secure financing?” Selling the property under the loan assumption … [Read more...] about 8.9.17: Remember, ValueXpress Will Help Clients Through the Assumption Process
Recently, JPMorgan sent a notice to its clients that did not mince words regarding its thoughts on the direction of interest rates: As the U.S. economy continues its expansion, we believe that U.S. interest rates will begin to rise. Many important indicators have shown notable strength of late, … [Read more...] about 6.17.15: JPMorgan Preps Clients for Direction of Interest Rates