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
5.7.20: VALUEXPRESS CLIENTS BEGIN RECEIVING LOAN PAYMENT DEFERRAL APPROVALS
On March 20th, ValueXpress began providing advisory services to obtain loan payment deferrals for existing and new clients related to the effects of the COVID-19 outbreak. The response was remarkable and we are pleased to have processed relief requests for over 30 clients. Master Servicers and … [Read more...] about 5.7.20: VALUEXPRESS CLIENTS BEGIN RECEIVING LOAN PAYMENT DEFERRAL APPROVALS
ValueXpress Obtains $5.5-Million CMBS Conduit Loan for the Refinance of a Hampton Limited Service Hotel in Alamogordo, NM (pre-COVID)
ValueXpress has arranged a $5,500,000 CMBS conduit loan for the refinance of a Hampton Inn limited service hotel located in Alamogordo, New Mexico. The Hampton Inn is a 3-story, 70-room interior corridor property constructed in 1999. The property completed a major Property Improvement Plan … [Read more...] about ValueXpress Obtains $5.5-Million CMBS Conduit Loan for the Refinance of a Hampton Limited Service Hotel in Alamogordo, NM (pre-COVID)
4.27.20: – UPDATE: VALUEXPRESS ADDS CAPACITY FOR CMBS LOAN PAYMENT DEFERRAL ASSIGNMENTS AS APPROVALS ROLL IN
ValueXpress is receiving loan payment relief approvals for its CMBS conduit loan clients from Master and Special Servicers. Special Servicers are approving relief for qualifying clients as “performing loan consents.” These consents allow the Master Servicer to apply reserves to upcoming loan … [Read more...] about 4.27.20: – UPDATE: VALUEXPRESS ADDS CAPACITY FOR CMBS LOAN PAYMENT DEFERRAL ASSIGNMENTS AS APPROVALS ROLL IN
4.9.20 BREAKING – VALUEXPRESS ADVISORY SERVICES FOR LOAN PAYMENT DEFERRALS REACHING CAPACITY
On March 20th, ValueXpress began providing advisory services to obtain loan payment deferrals for existing and new clients related to the effects of the COVID-19 outbreak. The response has been remarkable as we are pleased to be processing relief request for over 30 clients. However, to ensure … [Read more...] about 4.9.20 BREAKING – VALUEXPRESS ADVISORY SERVICES FOR LOAN PAYMENT DEFERRALS REACHING CAPACITY
3.30.20: BREAKING: VALUEXPRESS PREPARES TO ASSIST CLIENTS WITH SBA DISASTER LOANS AND SBA PAYCHECK PROTECTION LOANS
On March 20, ValueXpress launched advisory services to obtain loan payment deferrals for existing and new clients with CMBS loans. Click here for information regarding this program. We are working with master servicers and special servicers to assist over 30 ValueXpress clients currently. On … [Read more...] about 3.30.20: BREAKING: VALUEXPRESS PREPARES TO ASSIST CLIENTS WITH SBA DISASTER LOANS AND SBA PAYCHECK PROTECTION LOANS