Recently, Jay Bhakta, who runs the Mississippi office for ValueXpress, and Michael Sneden, Executive Vice President of ValueXpress, traveled to Houston, TX to assist a borrower in the closing of his CMBS conduit loan secured by a hotel as well as assist another hotel borrower refinance a … [Read more...] about 9.19.11: FDIC Reclassification Troubling for Hoteliers
5.27.11: S&P Identifies Troubling Trends in New CMBS
Increasingly aggressive property appraisals, so-called "incentive management fees" for hotel properties, and the limited return of "pro forma" underwriting are among the troubling trends that Standard & Poor's (S&P) cites as red flags in the quickly evolving revival of the commercial … [Read more...] about 5.27.11: S&P Identifies Troubling Trends in New CMBS