{"id":2289,"date":"2011-04-07T00:00:00","date_gmt":"2011-04-07T00:00:00","guid":{"rendered":"http:\/\/www.valuexpress.com\/4-7-11-valuexpress-lowers-cmbs-conduit-loan-minimum-to-1-million\/"},"modified":"2011-04-07T00:00:00","modified_gmt":"2011-04-07T00:00:00","slug":"4-7-11-valuexpress-lowers-cmbs-conduit-loan-minimum-to-1-million","status":"publish","type":"post","link":"https:\/\/www.valuexpress.com\/4-7-11-valuexpress-lowers-cmbs-conduit-loan-minimum-to-1-million\/","title":{"rendered":"4.7.11: ValueXpress Lowers CMBS Conduit Loan Minimum to $1 Million"},"content":{"rendered":"<p >ValueXpress has lowered the minimum loan amount for CMBS conduit loans to $1 million, effective immediately. On CMBS conduit loans between $1 million and $5 million, 5- and 10-year loan terms are available based on 25-year amortization (30 years for multi-family and manufactured housing communities). Qualifying assets are urban\/suburban office, anchored and unanchored retail, multi-family, manufactured housing communities, credit single tenant, and self storage. Hospitality is not being considered in loan amounts of under $5 million at this time.<\/p>\n<p >Desired markets include top MSAs and adjacent cities with populations of at least 50,000. Maximum LTVs are currently 65% for non-multi-family assets and 70% for multi-family and manufactured housing communities, with minimum net cash flow DSCR of 1.35 and 1.30, respectively. Asset quality is expected to be \u201cB\u201d or better. Typical CMBS conduit features apply, including yield maintenance pre-pay provision, escrows for taxes, insurance, capital improvements and TILCs (if applicable). Please visit our website <a href=\"http:\/\/www.valuexpress.com\" target=\"_blank\">valuexpress.com<\/a> to obtain our latest term and pricing sheets for CMBS conduit loans.<\/p>\n<p >\u201cAs the demand for commercial mortgage-backed securities continues to strengthen, originators are scrambling to find quality loans for CMBS pools,\u201d commented Michael D. Sneden, Executive Vice President at ValueXpress. \u201cI felt it would only be a matter of time until small balance loans would again be included in securitizations. ValueXpress has historically originated a significant amount of smaller balance CMBS loans and we are pleased to add the small balance product to our menu of CMBS options.\u201d In addition, ValueXpress provides 75% LTV\/1.25 DSCR CMBS conduit loans including hospitality loans in amounts above $5 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ValueXpress has lowered the minimum loan amount for CMBS conduit loans to $1 million, effective immediately. On CMBS conduit loans between $1 million and $5 million, 5- and 10-year loan terms are available based on 25-year amortization (30 years for multi-family and manufactured housing communities). Qualifying assets are urban\/suburban office, anchored and unanchored retail, multi-family, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","two_page_speed":[],"footnotes":""},"categories":[5],"tags":[57,752,56,552,6],"class_list":{"0":"post-2289","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-market-news","7":"tag-conduit","8":"tag-lowers","9":"tag-million","10":"tag-minimum","11":"tag-valuexpress","12":"entry","13":"override"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>4.7.11: ValueXpress Lowers CMBS Conduit Loan Minimum to $1 Million - VALUEXPRESS - Commercial Mortgage Loans<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.valuexpress.com\/4-7-11-valuexpress-lowers-cmbs-conduit-loan-minimum-to-1-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"4.7.11: ValueXpress Lowers CMBS Conduit Loan Minimum to $1 Million - VALUEXPRESS - Commercial Mortgage Loans\" \/>\n<meta property=\"og:description\" content=\"ValueXpress has lowered the minimum loan amount for CMBS conduit loans to $1 million, effective immediately. On CMBS conduit loans between $1 million and $5 million, 5- and 10-year loan terms are available based on 25-year amortization (30 years for multi-family and manufactured housing communities). Qualifying assets are urban\/suburban office, anchored and unanchored retail, multi-family, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.valuexpress.com\/4-7-11-valuexpress-lowers-cmbs-conduit-loan-minimum-to-1-million\/\" \/>\n<meta property=\"og:site_name\" content=\"VALUEXPRESS - Commercial Mortgage Loans\" \/>\n<meta property=\"article:published_time\" content=\"2011-04-07T00:00:00+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.valuexpress.com\/4-7-11-valuexpress-lowers-cmbs-conduit-loan-minimum-to-1-million\/\",\"url\":\"https:\/\/www.valuexpress.com\/4-7-11-valuexpress-lowers-cmbs-conduit-loan-minimum-to-1-million\/\",\"name\":\"4.7.11: ValueXpress Lowers CMBS Conduit Loan Minimum to $1 Million - VALUEXPRESS - Commercial Mortgage Loans\",\"isPartOf\":{\"@id\":\"https:\/\/www.valuexpress.com\/#website\"},\"datePublished\":\"2011-04-07T00:00:00+00:00\",\"dateModified\":\"2011-04-07T00:00:00+00:00\",\"author\":{\"@id\":\"https:\/\/www.valuexpress.com\/#\/schema\/person\/7a2fcaef69b9d5ae24523b607423cfd4\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.valuexpress.com\/4-7-11-valuexpress-lowers-cmbs-conduit-loan-minimum-to-1-million\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.valuexpress.com\/4-7-11-valuexpress-lowers-cmbs-conduit-loan-minimum-to-1-million\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.valuexpress.com\/4-7-11-valuexpress-lowers-cmbs-conduit-loan-minimum-to-1-million\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.valuexpress.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"4.7.11: ValueXpress Lowers CMBS Conduit Loan Minimum to $1 Million\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.valuexpress.com\/#website\",\"url\":\"https:\/\/www.valuexpress.com\/\",\"name\":\"VALUEXPRESS - Commercial Mortgage Loans\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.valuexpress.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.valuexpress.com\/#\/schema\/person\/7a2fcaef69b9d5ae24523b607423cfd4\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.valuexpress.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8262ea2a88f711db94eddec1dad05647?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8262ea2a88f711db94eddec1dad05647?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\/\/www.valuexpress.com\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"4.7.11: ValueXpress Lowers CMBS Conduit Loan Minimum to $1 Million - VALUEXPRESS - Commercial Mortgage Loans","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.valuexpress.com\/4-7-11-valuexpress-lowers-cmbs-conduit-loan-minimum-to-1-million\/","og_locale":"en_US","og_type":"article","og_title":"4.7.11: ValueXpress Lowers CMBS Conduit Loan Minimum to $1 Million - VALUEXPRESS - Commercial Mortgage Loans","og_description":"ValueXpress has lowered the minimum loan amount for CMBS conduit loans to $1 million, effective immediately. On CMBS conduit loans between $1 million and $5 million, 5- and 10-year loan terms are available based on 25-year amortization (30 years for multi-family and manufactured housing communities). 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