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. A major Property Improvement Plan (PIP), expected to cost $2 … [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 $6.15-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF A 73-ROOM LAQUINTA INN & SUITES IN HOLBROOK, AZ
ValueXpress has arranged a $6,150,000 CMBS conduit loan for the refinance of a four-story LaQuinta Inn & Suites hotel constructed in 2020. The loan provided an opportunity to pay off an existing SBA 7(a) loan, which will provide the sponsors eligibility for a new SBA 7(a) loan to construct … [Read more...] about VALUEXPRESS OBTAINS $6.15-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF A 73-ROOM LAQUINTA INN & SUITES IN HOLBROOK, AZ
VALUEXPRESS OBTAINS $5.5-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF A 78-ROOM HAMPTON INN & SUITES IN RICHLAND, MS
ValueXpress has arranged a $5,500,000 CMBS conduit loan for the refinance of a four-story Hampton Inn hotel constructed in 2015. The loan provided an opportunity to pay off an existing SBA 504 loan and some additional high-cost construction debt. The new loan features a lower monthly payment based … [Read more...] about VALUEXPRESS OBTAINS $5.5-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF A 78-ROOM HAMPTON INN & SUITES IN RICHLAND, MS
ValueXpress Obtains $4.05-Million CMBS Conduit Loan for the Purchase of a Homewood Suites Limited Service Hotel in Ridgeland (Jackson), MS
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 $5.5-Million CMBS Conduit Loan for the Refinance of a 78-Room Hampton Inn & Suites in Richland, MS
ValueXpress has arranged a $5,500,000 CMBS conduit loan for the refinance of a four-story Hampton Inn hotel constructed in 2015. The loan provided an opportunity to pay off an existing SBA 504 loan and some additional high-cost construction debt. The new loan features a lower monthly payment based … [Read more...] about ValueXpress Obtains $5.5-Million CMBS Conduit Loan for the Refinance of a 78-Room Hampton Inn & Suites in Richland, MS
9.13.19: Country Inn & Suites Gen 4 Transition Update
Much of the excitement for owners and developers around Country Inn & Suites is tied to renovating properties and transitioning to the Generation 4 design. Since the Gen 4 prototype was launched a few years ago, 140 Country Inn & Suites hotels have completed renovations to comply with the … [Read more...] about 9.13.19: Country Inn & Suites Gen 4 Transition Update
ValueXpress Arranges $6,500,000 CMBS Conduit Loan for the Refinance of a Comfort Suites in Tempe (Phoenix), AZ
ValueXpress has arranged a $6,500,000 CMBS conduit loan for the refinance of a Comfort Suites located in Tempe, Arizona. The Comfort Suites – Phoenix Airport is a 3-story, 92-room interior-corridor hotel constructed in 1999. The hotel is located 5 minutes from Phoenix Sky Harbor International … [Read more...] about ValueXpress Arranges $6,500,000 CMBS Conduit Loan for the Refinance of a Comfort Suites in Tempe (Phoenix), AZ
ValueXpress Arranges $3,250,000 CMBS Conduit Loan for the Refinance of a Baymont Inn and Suites in Mackinaw City, MI
ValueXpress has arranged a $3,250,000 CMBS conduit loan for the refinance of a Baymont Inn and Suites franchised hotel located in Mackinaw City, Michigan. The Baymont Inn and Suites – Mackinaw City is a 3-story, 77-room interior-corridor hotel constructed in 1997. The hotel is located … [Read more...] about ValueXpress Arranges $3,250,000 CMBS Conduit Loan for the Refinance of a Baymont Inn and Suites in Mackinaw City, MI
ValueXpress Arranges $4.76-Million CMBS Conduit Loan for the Refinance of 62-Room Quality Inn and Suites Hotel Located in Bryan, TX
ValueXpress has arranged a $4.76-million CMBS conduit loan for the refinance of a three-story Quality Inn and Suites hotel constructed in 2012 and located in Bryan, Texas. The property is situated on Highway 6 near Highway 21, just north of College Station, Texas, home of Texas A&M University. The … [Read more...] about ValueXpress Arranges $4.76-Million CMBS Conduit Loan for the Refinance of 62-Room Quality Inn and Suites Hotel Located in Bryan, TX
6.6.16: Small Office and Furnished Office Suites a Bright Spot in the Office Sector
Small office space, both furnished and unfurnished, is performing well in the otherwise lackluster office market. Pioneered by Regus and newcomer wework, tenants can rent furnished or unfurnished office space for a day, week, month, or longer. The basic concept is that office building owners take … [Read more...] about 6.6.16: Small Office and Furnished Office Suites a Bright Spot in the Office Sector