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 $6.65-MILLION CMBS CONDUIT LOAN FOR A SINGLE-TENANT INDUSTRIAL FLEX BUILDING
ValueXpress obtained a $6,650,000 first-mortgage CMBS conduit loan that was utilized to refinance an 82,280-square-foot single-tenant, industrial flex building located in St. Louis, Missouri. The building is 100% occupied and leased to Nooter Construction Company. The transaction refinanced a … [Read more...] about VALUEXPRESS OBTAINS $6.65-MILLION CMBS CONDUIT LOAN FOR A SINGLE-TENANT INDUSTRIAL FLEX BUILDING
VALUEXPRESS OBTAINS $6.65-MILLION CMBS CONDUIT LOAN FOR A SINGLE-TENANT INDUSTRIAL FLEX BUILDING
ValueXpress obtained a $6,650,000 first-mortgage CMBS conduit loan that was utilized to refinance an 82,280-square-foot single-tenant, industrial flex building located in St. Louis, Missouri. The building is 100% occupied and leased to Nooter Construction Company. The transaction refinanced a … [Read more...] about VALUEXPRESS OBTAINS $6.65-MILLION CMBS CONDUIT LOAN FOR A SINGLE-TENANT INDUSTRIAL FLEX BUILDING
8.1.22: VALUEXPRESS ANNOUNCES NEW LOAN PROGRAM FOR HEALTHCARE PRACTICES
ValueXpress is pleased to announce a new loan program for healthcare practices. The program is for fixed-rate conventional loans -- NOT SBA loans. The loans are for professionals who own healthcare businesses with or without real estate. Qualifying practices include dentists, veterinarians, eye care … [Read more...] about 8.1.22: VALUEXPRESS ANNOUNCES NEW LOAN PROGRAM FOR HEALTHCARE PRACTICES
VALUEXPRESS ARRANGES $11,000,000 CMBS CONDUIT LOAN FOR THE REFINANCE OF A HILTON GARDEN INN IN PASCAGOULA, MS
ValueXpress obtained an $11-million CMBS conduit loan for the refinance of a 119-room Hilton Garden Inn located in Pascagoula, Mississippi. The 5-story property was constructed in 2014 and is the number one-rated hotel in the Pascagoula market, according to TripAdvisor. The loan refinanced a … [Read more...] about VALUEXPRESS ARRANGES $11,000,000 CMBS CONDUIT LOAN FOR THE REFINANCE OF A HILTON GARDEN INN IN PASCAGOULA, MS
VALUEXPRESS OBTAINS $9-MILLION CMBS CONDUIT LOAN FOR A NEIGHBORHOOD SHOPPING CENTER IN WILMINGTON, DE FOR CLIENT OF CCTG GRAD
ValueXpress has arranged a $9,000,000 CMBS conduit loan for the refinance of Tally Ho Shopping Center, a 25,100-square-foot neighborhood shopping center anchored by a Bank of America banking center that is leased until 2030. The property is located at the corner of Naamans Road and Concord Pike in … [Read more...] about VALUEXPRESS OBTAINS $9-MILLION CMBS CONDUIT LOAN FOR A NEIGHBORHOOD SHOPPING CENTER IN WILMINGTON, DE FOR CLIENT OF CCTG GRAD
5.1.22: JOSH STEGEN JOINS VALUEXPRESS TO FOCUS ON MARKETING
Joshua (Josh) Stegen has joined ValueXpress as an Associate Loan Originator with a focus on marketing to borrowers who would benefit from CMBS conduit loans. Josh is a graduate of Fordham University with an MBA in Finance. In addition, Josh is a licensed real estate agent in the State of New … [Read more...] about 5.1.22: JOSH STEGEN JOINS VALUEXPRESS TO FOCUS ON MARKETING
VALUEXPRESS OBTAINS $6.96-MILLION CMBS CONDUIT LOAN FOR THE PURCHASE OF AN 85-ROOM HOLIDAY INN EXPRESS IN MEMPHIS, TN
ValueXpress has arranged a $6,960,000 CMBS conduit loan for the purchase of a four-story Holiday Inn Express & Suites hotel constructed in 2018. The loan was based on 70% of the purchase price for the hotel and included financing for 70% of the Property Improvement Plan (PIP) costs. The … [Read more...] about VALUEXPRESS OBTAINS $6.96-MILLION CMBS CONDUIT LOAN FOR THE PURCHASE OF AN 85-ROOM HOLIDAY INN EXPRESS IN MEMPHIS, TN
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
