ValueXpress has arranged a $4,050,000 CMBS conduit loan for the purchase of a Homewood Suites by Hilton limited service hotel. The Homewood Suites – Jackson/Ridgeland is a 3-story, 91-room interior corridor property constructed in 1997. In 2020, a major Property Improvement Plan (PIP), expected … [Read more...] about ValueXpress Obtains $4.05-Million CMBS Conduit Loan for the Purchase of a Homewood Suites Limited Service Hotel in Ridgeland (Jackson), MS
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 Arranges $9.2-Million Loan for the Purchase of a 20,880-Square-Foot Commercial Building Located in Brooklyn, NY for Conversion to Retail Use
ValueXpress has arranged a $9.2-million loan for the purchase of a 20,880-square-foot warehouse building that will be converted into a multi-tenant retail center. The property is in the Bushwick neighborhood of Brooklyn, New York. The single-story building will feature a new façade, architectural … [Read more...] about ValueXpress Arranges $9.2-Million Loan for the Purchase of a 20,880-Square-Foot Commercial Building Located in Brooklyn, NY for Conversion to Retail Use
9.19.19: How to Use the Equity in One Property to Purchase Another Property with a CMBS Loan
Most borrowers who have significant equity in their commercial real estate properties but not a lot of cash on hand struggle to efficiently purchase new properties. They assume the only method to generate the down payment for a new acquisition is to complete a cash-out refinance of existing real … [Read more...] about 9.19.19: How to Use the Equity in One Property to Purchase Another Property with a CMBS Loan
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 N.Y. The building features a ceiling height of 14 feet … [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 Arranges $3,875,000 CBMS Conduit Loan for the Purchase of 28,330-Square-Foot Neighborhood Retail Center in Naples, FL
ValueXpress has arranged a $3,875,000 CMBS conduit loan for the purchase of a 28,330-square-foot neighborhood retail center located at 7785-7795 Davis Blvd in Naples, Florida. The loan was structured with a 10-year fixed-rate loan term and a 30-year amortization schedule. The property is anchored by … [Read more...] about ValueXpress Arranges $3,875,000 CBMS Conduit Loan for the Purchase of 28,330-Square-Foot Neighborhood Retail Center in Naples, FL
ValueXpress Arranges $2,475,000 Commercial Loan for the Purchase of 12,400-Square-Foot Mixed-Use Building in Bronx, NY
ValueXpress has arranged a $2,475,000 commercial real estate loan through its affiliated bank, Country Bank, for the purchase of two connected, one-story, mixed-use commercial buildings located at 315 Jackson Avenue, Bronx, New York. The buildings were formerly occupied by a plumbing … [Read more...] about ValueXpress Arranges $2,475,000 Commercial Loan for the Purchase of 12,400-Square-Foot Mixed-Use Building in Bronx, NY
ValueXpress Secures a $1,443,750 Community Bank Loan for the Purchase of a Warehouse in Houston, TX for Long-Time Client
ValueXpress obtained a $1,443,750 first-mortgage loan that was utilized to purchase a 32,800-square-foot, two-building warehouse complex located at 510 Midland Avenue in Houston, Texas. The building will be owner-occupied by an affiliated company owned by the client. The loan was arranged by … [Read more...] about ValueXpress Secures a $1,443,750 Community Bank Loan for the Purchase of a Warehouse in Houston, TX for Long-Time Client
ValueXpress Arranges $8,200,000 CMBS Conduit Loan for the Purchase of a Hilton Garden Inn in Killeen, TX
ValueXpress obtained an $8,200,000 CMBS conduit loan for the purchase of a 102-room Hilton Garden Inn located in Killen, Texas. The purchaser, Vui Le, will complete a change-of-ownership Property Improvement Plan (PIP) in conjunction with a new 15-year franchise agreement with Hilton Worldwide. The … [Read more...] about ValueXpress Arranges $8,200,000 CMBS Conduit Loan for the Purchase of a Hilton Garden Inn in Killeen, TX
