Kroll Bond Rating Agency, Inc. (Kroll) recently released a special report on an auction of real estate properties that were occupied by Toys “R” Us. The auction was conducted over a two-day period on August 13 and 14, 2018. Of the total 246 properties, 123 partially secure a $512-million loan that … [Read more...] about 8.27.18: Kroll Special Report: TRU 2016-TOYS Auction Results
5.23.17: Report from ICSC RECon Conference
Dennis Suh and Stan Siciliano represented ValueXpress at the International Council of Shopping Centers (ICSC) RECon convention at the Las Vegas Convention Center in Las Vegas, Nevada May 20-23. Much of the discussion at the convention centered on the fate of malls in America. Class B and C malls in … [Read more...] about 5.23.17: Report from ICSC RECon Conference
3.1.17: Report from the 2017 MBA CREF Conference
Industry pros expect a stable CMBS market in 2017, with CMBS origination volume of $60-$70 billion. While stable markets are always welcome, volume of $60-$70 billion was viewed as somewhat disappointing. CMBS conduit loan originations post-crisis peaked at $101 billion in 2015 and have been on the … [Read more...] about 3.1.17: Report from the 2017 MBA CREF Conference
9.30.16: Dennis Suh: Report from the SSA Trade Show
Dennis Suh, Vice President of Originations at ValueXpress, recently represented ValueXpress at the Self-Storage Association’s (SSA) 2016 Fall Conference & Trade Show in Las Vegas, Nevada. “The SSA trade show was a huge success, with over 2,000 self-storage professionals in attendance,” commented … [Read more...] about 9.30.16: Dennis Suh: Report from the SSA Trade Show
2.5.16: Report from the 2016 MBA CREF Convention
What a difference a year can make. At the 2015 Commercial Real Estate Finance Convention (CREF), participants cheered as the CMBS conduit loan machine cranked at full tilt. Panelists suggested volume of $125 billion in CMBS originations could be easily achieved. Well, fast forward to the 2016 CREF … [Read more...] about 2.5.16: Report from the 2016 MBA CREF Convention
3.20.15: Report from the National Alliance of Commercial Loan Brokers (NACLB) Annual Conference and Expo
Over 300 loan brokers and lenders gathered at the Red Rock Hotel and Casino in Las Vegas, Nevada for the first annual National Alliance of Commercial Loan Brokers (NACLB) conference on Sunday, March 8. The conference was organized by Commercial Capital Training Group (CCTG) and BoeFly. The buzz at … [Read more...] about 3.20.15: Report from the National Alliance of Commercial Loan Brokers (NACLB) Annual Conference and Expo
4.30.14: Swap Rates Decline on Poor GDP Report
Swap rates, an important financial index that is used to set interest rates on CMBS conduit loans, fell this week after the government reported annualized Gross Domestic Product (GDP) growth of a mere 0.01% in the first quarter of 2014, according to the “advance” estimate released by the Bureau of … [Read more...] about 4.30.14: Swap Rates Decline on Poor GDP Report
2.21.14: AAHOA Members: Bring P&L and STAR Report to Philly
ValueXpress will offer “on the spot” loan proposals to Asian American Hotel Owners Association (AAHOA) members attending the “Deal Connection” event and Trade Show at the AAHOA Annual Convention in Philadelphia on March 19-21, 2014. “Just bring your 2013 property income and expense statement and … [Read more...] about 2.21.14: AAHOA Members: Bring P&L and STAR Report to Philly
2.7.14: Report from the 2014 MBA CREF Convention
Participants at the 2014 MBA Commercial Real Estate Finance Convention (CREF) held in Orlando, Florida, agreed the CMBS conduit loan machine is cranking full tilt: Should rates remain at close to current levels, this year's CREF panelists suggested volume of $100 billion in CMBS originations should … [Read more...] about 2.7.14: Report from the 2014 MBA CREF Convention
2.8.13: Report from the 2013 MBA CREF Convention
At the 2013 MBA Commercial Real Estate Finance Convention (CREF) “exuberance” replaced 2012’s “optimism.” The 2013 CMBS conduit loan machine is cranking full tilt: Declining spreads have made CMBS conduit loans competitive with insurance company offerings on commercial assets and within striking … [Read more...] about 2.8.13: Report from the 2013 MBA CREF Convention