Self-storage finance firm ValueXpress LLC has promoted Dennis Suh to senior vice president of originations. Suh joined the company last August as a vice president for the firm’s commercial loan originations group, focusing on agency and commercial mortgage-backed securities (CMBS) loans in national markets.
“As anticipated, Dennis has utilized his extensive investment-banking knowledge and relationships to problem-solve complex issues on a number of transactions; and he was able to close transactions in which borrowers were unsure that a loan closing was possible,” Michael D. Sneden, executive vice president, said in a press release.
Suh came to ValueXpress with experience in originating fixed-rate conduit loans in the Midwest, Northeast and Southeast. He previously underwrote CMBS loans for Barclays Capital Inc., Credit Suisse LLC and UBS Securities LLC in New York City.
“I take great personal satisfaction when I am able to close a loan for a client that provides a financing solution that allows a borrower to grow his real estate business,” Suh said. “Along the way, I have successfully worked through some intricate issues that provided some stress relief for the borrower, and I often get that satisfying ‘thank-you’ call at the closing of the transaction.”
Based in New York City, ValueXpress offers guidance in the underwriting and securing of financing for acquiring and refinancing self-storage. It has worked directly with Wall Street investment banks and private lenders since 1995.