ValueXpress has arranged a $15-million CMBS conduit loan for the refinance of a 1-million-square-foot warehouse and light manufacturing industrial park located in Ambridge, Pennsylvania, 15 miles north of Pittsburgh. The property features 22 buildings that were constructed in stages between 1920 and … [Read more...] about VALUEXPRESS OBTAINS $15-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF THE AMBRIDGE REGIONAL DISTRIBUTION & MANUFACTURING CENTER IN AMBRIDGE (PITTSBURGH), PA
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 ARRANGES $3,900,000 CMBS CONDUIT LOAN FOR THE REFINANCE OF A PORTFOLIO OF NEIGHBORHOOD RETAIL CENTERS LOCATED IN JACKSON, MS
ValueXpress has arranged a $3.9-million CMBS conduit loan for the refinance of 3 retail centers located in Jackson, Mississippi. The transaction provided over $1 million of cash-out loan proceeds to the sponsor that will be used for additional real estate investments. The transaction also refinanced … [Read more...] about VALUEXPRESS ARRANGES $3,900,000 CMBS CONDUIT LOAN FOR THE REFINANCE OF A PORTFOLIO OF NEIGHBORHOOD RETAIL CENTERS LOCATED IN JACKSON, MS
VALUEXPRESS OBTAINS $3.7-MILLION CMBS CONDUIT LOAN FOR A CLASS A OFFICE BUILDING LOCATED IN BOCA RATON, FL
ValueXpress obtained a $3.7-million first-mortgage loan that was utilized to refinance existing debt secured by a 25,400-square-foot multi-tenant office building located in Boca Raton, Florida. The property, constructed in 2006, is currently 87% occupied by 16 tenants, primarily local professional … [Read more...] about VALUEXPRESS OBTAINS $3.7-MILLION CMBS CONDUIT LOAN FOR A CLASS A OFFICE BUILDING LOCATED IN BOCA RATON, FL
7.15.20: VALUEXPRESS PROVIDING SBA 7(a) LOANS ON HOTELS
CMBS conduit loans are temporarily unavailable for hotels until operating performance recovers from the effects of COVID-19. In the meantime, to assist clients and borrowers, ValueXpress is providing SBA 7(a) loans up to $5 million on all owner-operated hotels, including independent hotels. The … [Read more...] about 7.15.20: VALUEXPRESS PROVIDING SBA 7(a) LOANS ON HOTELS
VALUEXPRESS ARRANGES $6,000,000 CMBS CONDUIT LOAN THROUGH FIXED-FEE PROGRAM FOR THE REFINANCE OF COMMERCIAL SELF-STORAGE – CASTLETON (INDIANAPOLIS), IN
ValueXpress has arranged a $6-million CMBS conduit loan for the refinance of a 66,800-square-foot (sf) self-storage facility located in the Castleton section of Indianapolis, Indiana. The property was purchased by sponsor Jim Sapp in December 2009. At acquisition, the property contained 33,600 sf in … [Read more...] about VALUEXPRESS ARRANGES $6,000,000 CMBS CONDUIT LOAN THROUGH FIXED-FEE PROGRAM FOR THE REFINANCE OF COMMERCIAL SELF-STORAGE – CASTLETON (INDIANAPOLIS), IN
VALUEXPRESS ARRANGES $3,200,000 CBMS CONDUIT LOAN FOR THE REFINANCE OF A 66-SITE MANUFACTURED HOUSING COMMUNITY (MHC) IN EUGENE, OREGON (POST-COVID)
ValueXpress has arranged a $3.2-million CMBS conduit loan for the refinance of a 66-site manufactured housing community (MHC) located in Eugene, Oregon. All the homes are double-wide units. The transaction provided over $2 million of cash-out proceeds to the owner. The market for housing in Eugene … [Read more...] about VALUEXPRESS ARRANGES $3,200,000 CBMS CONDUIT LOAN FOR THE REFINANCE OF A 66-SITE MANUFACTURED HOUSING COMMUNITY (MHC) IN EUGENE, OREGON (POST-COVID)
6.12.20: VALUEXPRESS ACTIVELY SEEKING CMBS CONDUIT LOANS
ValueXpress is actively seeking new CMBS conduit loans. We are pursuing multifamily, manufactured housing community (MHC), self-storage, industrial, retail and office loans. Hotels remain on pause unless performance was unaffected by COVID-19. Interest rates are in the 4.00%-4.50% range. We are … [Read more...] about 6.12.20: VALUEXPRESS ACTIVELY SEEKING CMBS CONDUIT LOANS
VALUEXPRESS ARRANGES $3,850,000 CBMS CONDUIT LOAN FOR THE PURCHASE OF 28,330-SQUARE-FOOT NEIGHBORHOOD RETAIL CENTER IN NAPLES, FL
ValueXpress has arranged a $3,850,000 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 $3,850,000 CBMS CONDUIT LOAN FOR THE PURCHASE OF 28,330-SQUARE-FOOT NEIGHBORHOOD RETAIL CENTER IN NAPLES, FL
VALUEXPRESS ARRANGES $4,875,000 CMBS CONDUIT LOAN FOR THE REFINANCE OF A 90-UNIT APARTMENT COMPLEX LOCATED IN HOMESTEAD, FL
ValueXpress has arranged a $4,875,000 CMBS conduit loan for the refinance of a 90-unit apartment complex located in Homestead, Florida. The community is located just east of State Highway 821, which leads North to Miami and South to the Florida Keys. The property is in immediate proximity to … [Read more...] about VALUEXPRESS ARRANGES $4,875,000 CMBS CONDUIT LOAN FOR THE REFINANCE OF A 90-UNIT APARTMENT COMPLEX LOCATED IN HOMESTEAD, FL
