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
11.9.20: KIMCO’S ROSS COOPER PROVIDES RETAIL INSIGHTS
In a recent interview, Kimco Realty President and CIO Ross Cooper discussed retail trends and strategies amid the pandemic and highlighted the potential for shopping centers in 2021. Ross notes that the retail store is the most cost-effective distribution model when coupled with curbside and … [Read more...] about 11.9.20: KIMCO’S ROSS COOPER PROVIDES RETAIL INSIGHTS
VALUEXPRESS PROVIDES $2,200,000 FANNIE MAE SMALL BALANCE LOAN FOR THE REFINANCE OF A 37-UNIT APARTMENT COMPLEX LOCATED IN PASCAGOULA, MS
ValueXpress provided a $2,200,000 Fannie Mae loan through the Small Mortgage Loan Program secured by a 37-unit garden apartment complex located in Pascagoula, Mississippi. The property was constructed in 1978 with the first floor and portions of the second floor gut renovated in 2007 after the … [Read more...] about VALUEXPRESS PROVIDES $2,200,000 FANNIE MAE SMALL BALANCE LOAN FOR THE REFINANCE OF A 37-UNIT APARTMENT COMPLEX LOCATED IN PASCAGOULA, MS
ValueXpress Provides $2,200,000 Fannie Mae Small Balance Loan
ValueXpress provided a $2,200,000 loan secured by a 37-unit garden apartment complex located in Pascagoula, Mississippi. The property was constructed in 1978 with the first floor and portions of the second floor gut renovated in 2007 after the building suffered extensive damage as a result of … [Read more...] about ValueXpress Provides $2,200,000 Fannie Mae Small Balance Loan
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
