ValueXpress obtained a $3.5-million CMBS conduit loan secured by Omni Self-Storage, a 430-unit self-storage facility located in Fayetteville, North Carolina. The new CMBS conduit loan refinanced $1.5 million of existing debt, providing $2 million in cash-out proceeds to the borrower. The proceeds … [Read more...] about VALUEXPRESS OBTAINS $3.5-MILLION CMBS CONDUIT LOAN FOR OMNI SELF-STORAGE IN FAYETTEVILLE, NC
9.20.21: SBA ANNOUNCES INCREASE IN COVID EIDL LOANS TO $2 MILLION
SBA Administrator Guzman has announced major enhancements to the COVID Economic Injury Disaster Loan Program (EIDL) targeting hard-hit sectors such as restaurants, gyms and hotels. The program cap has been increased to $2 million, uses of funds have been expanded to include payment of past and … [Read more...] about 9.20.21: SBA ANNOUNCES INCREASE IN COVID EIDL LOANS TO $2 MILLION
VALUEXPRESS SECURES A $6-MILLION CMBS CONDUIT LOAN FOR A RETAIL CENTER LOCATED IN HENDERSON (LAS VEGAS), NV
ValueXpress has arranged a $6-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 OBTAINS $3.9-MILLION CMBS CONDUIT LOAN FOR THE PURCHASE OF A SINGLE-TENANT RETAIL CONDOMINIUM LEASED TO 7-ELEVEN IN MANHATTAN, NYC
ValueXpress has arranged a $3,900,000 CMBS conduit loan for the purchase of a retail condominium leased to 7-Eleven on a triple net basis for 15 years. The store is located on the ground floor of a residential condominium located along the east side of Bowery, between East 3rd Street and East 4th … [Read more...] about VALUEXPRESS OBTAINS $3.9-MILLION CMBS CONDUIT LOAN FOR THE PURCHASE OF A SINGLE-TENANT RETAIL CONDOMINIUM LEASED TO 7-ELEVEN IN MANHATTAN, NYC
VALUEXPRESS OBTAINS $5.5-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF A HOLIDAY INN EXPRESS LIMITED-SERVICE HOTEL IN ALAMOGORDO, NM
ValueXpress has arranged a $5,500,000 CMBS conduit loan for the refinance of a Holiday Inn Express limited-service hotel located in Alamogordo, New Mexico. The Holiday Inn Express is a 3-story, 80-room interior corridor property constructed in 2006. The property completed a major Property … [Read more...] about VALUEXPRESS OBTAINS $5.5-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF A HOLIDAY INN EXPRESS LIMITED-SERVICE HOTEL IN ALAMOGORDO, NM
VALUEXPRESS SECURES A $6-MILLION CMBS CONDUIT LOAN FOR A RETAIL CENTER LOCATED IN HENDERSON (LAS VEGAS), NV
ValueXpress has arranged a $6-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 $2.6-MILLION SBA 504 LOAN FOR THE PURCHASE OF AN 8,160 SF COMMERCIAL BUILDING IN BROOKLYN, NY FOR CONVERSION TO RETAIL
ValueXpress has arranged a $2.6-million SBA 504 loan for the purchase of an 8,160-square-foot automotive repair facility that has been converted into a vintage clothing retail store. The property is in the East Flatbush neighborhood of Brooklyn, New York. The building features a ceiling height of 14 … [Read more...] about VALUEXPRESS ARRANGES $2.6-MILLION SBA 504 LOAN FOR THE PURCHASE OF AN 8,160 SF COMMERCIAL BUILDING IN BROOKLYN, NY FOR CONVERSION TO RETAIL
VALUEXPRESS OBTAINS $1.5-MILLION SBA 7(a) LOAN FOR THE REFINANCE OF A DAYS INN HOTEL LOCATED IN CARSLBAD, NM
ValueXpress has arranged a $1.5-million SBA 7(a) loan for the refinance of a 50-room exterior-corridor Days Inn hotel located in Carlsbad, New Mexico. The 2-story property was constructed in 1995 and renovated in 2016. The $1.5-million renovation in 2016 included all new rooms and furnishings and … [Read more...] about VALUEXPRESS OBTAINS $1.5-MILLION SBA 7(a) LOAN FOR THE REFINANCE OF A DAYS INN HOTEL LOCATED IN CARSLBAD, NM
VALUEXPRESS OBTAINS $15-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF THE AMBRIDGE REGIONAL DISTRIBUTION & MANUFACTURING CENTER IN AMBRIDGE (PITTSBURGH), PA
ValueXpress has arranged a $15-million CMBS conduit loan for the refinance of a 1-million-square-foot warehouse and light manufacturing industrial park located in Ambridge, Pennsylvania, 15 miles north of Pittsburgh. The property features 22 buildings that were constructed in stages between 1920 and … [Read more...] about VALUEXPRESS OBTAINS $15-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF THE AMBRIDGE REGIONAL DISTRIBUTION & MANUFACTURING CENTER IN AMBRIDGE (PITTSBURGH), PA
VALUEXPRESS OBTAINS $3.7-MILLION CMBS CONDUIT LOAN FOR A CLASS A OFFICE BUILDING LOCATED IN BOCA RATON, FL
ValueXpress obtained a $3.7-million first-mortgage loan that was utilized to refinance existing debt secured by a 25,400-square-foot multi-tenant office building located in Boca Raton, Florida. The property, constructed in 2006, is currently 87% occupied by 16 tenants, primarily local professional … [Read more...] about VALUEXPRESS OBTAINS $3.7-MILLION CMBS CONDUIT LOAN FOR A CLASS A OFFICE BUILDING LOCATED IN BOCA RATON, FL