In this election season it has become nearly impossible to pass bills that were once routine, but there may be at least one exception: related to the Small Business Administration (SBA). Last week, the Republican-led U.S. House Appropriations Committee unveiled its bill to finance the SBA and … [Read more...] about 6.19.12: SBA Appropriation May Increase by $237 Million
4.7.11: ValueXpress Lowers CMBS Conduit Loan Minimum to $1 Million
ValueXpress has lowered the minimum loan amount for CMBS conduit loans to $1 million, effective immediately. On CMBS conduit loans between $1 million and $5 million, 5- and 10-year loan terms are available based on 25-year amortization (30 years for multi-family and manufactured housing … [Read more...] about 4.7.11: ValueXpress Lowers CMBS Conduit Loan Minimum to $1 Million
9.13.10: JPMorgan Issues $485 Million in CMBS
JPMorgan issued $485 million in CMBS backed by 72 shopping centers owned by Centro Properties. The 10-year loan amortizes on a 30-year schedule and carries a 6.27% interest rate. The underlying loan included $89 million of subordinate financing. The largest allocated loan balance ($40.4 million) was … [Read more...] about 9.13.10: JPMorgan Issues $485 Million in CMBS
4.1.10: ValueXpress Provides $2.5-Million Loan in Conjunction with DPO That Saves Borrower over $6 Million
In one of the most difficult transactions ever completed by the firm, ValueXpress was able to save its client more than $6 million by providing a $2.5-million loan to pay off $7.4 million in debt obligations secured by 8 KFC (Kentucky Fried Chicken) restaurants located in Ohio and Pennsylvania. … [Read more...] about 4.1.10: ValueXpress Provides $2.5-Million Loan in Conjunction with DPO That Saves Borrower over $6 Million