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, New York. The building features a ceiling height of 14 … [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 OBTAINS $945,000 COMMUNITY BANK LOAN FOR THE PURCHASE OF A 5,000 SF INDUSTRIAL BUILDING FOR CONVERSION
ValueXpress has arranged a $945,000 loan from a N.Y.C.-based community bank for the purchase of a 5,000-square-foot industrial building constructed in 1930. The structure will be renovated and converted to mixed-use retail and warehouse space. Both the community bank and the buyer are repeat clients … [Read more...] about VALUEXPRESS OBTAINS $945,000 COMMUNITY BANK LOAN FOR THE PURCHASE OF A 5,000 SF INDUSTRIAL BUILDING FOR CONVERSION
VALUEXPRESS OBTAINS $1.5-MILLION SBA 7(a) LOAN FOR THE REFINANCE OF A DAYS INN HOTEL LOCATED IN CARSLBAD, NM
ValueXpress has arranged a $1.5-million SBA 7(a) loan for the refinance of a 50-room exterior-corridor Days Inn hotel located in Carlsbad, New Mexico. The 2-story property was constructed in 1995 and renovated in 2016. The $1.5-million renovation in 2016 included all new rooms and furnishings and … [Read more...] about VALUEXPRESS OBTAINS $1.5-MILLION SBA 7(a) LOAN FOR THE REFINANCE OF A DAYS INN HOTEL LOCATED IN CARSLBAD, NM
VALUEXPRESS OBTAINS $15-MILLION CMBS CONDUIT LOAN FOR THE REFINANCE OF THE AMBRIDGE REGIONAL DISTRIBUTION & MANUFACTURING CENTER IN AMBRIDGE (PITTSBURGH), PA
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)
