COMMERCIAL REAL ESTATE LOAN PRICES DROP SLIGHTLY IN OCTOBER

Deteriorating Collateral Offsets Improving Fundamentals In Capital Markets

BOSTON,  December 07, 2009

The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralizes CMBS decreased slightly to 76.9% as of October 30, 2009 from 77.2% as of September 30, 2009. The aggregate value is down from 81.3% as of January 30, 2009.

“Loan prices in the CMBS universe have remained relatively flat over the past four months after trending downward in the first half of the year,” said DebtX CEO Kingsley Greenland. “Current loan prices reflect the fact that improving fundamentals in the capital markets are being offset by continuing deterioration of CMBS collateral quality. We are likely to see more of the same in coming months.”

DebtX priced 60,862 CRE loans with a $711.5 billion aggregate principal balance as of October 30, 2009. Each of these loans, which collateralize 632 US CMBS trusts, received a DXMark®. DebtX’s valuations are based on actual secondary market sales of CRE loans that take place at DebtX, the largest marketplace for loans.

DebtX provides valuations of individual CRE loans and portfolios. DXMark enables financial institutions to make more informed decisions about their loan portfolios. DXMark helps credit policy executives, risk managers, workout teams, and other senior executives analyze risk, validate origination prices and evaluate M&A opportunities. Commercial banks and government agencies are among the institutions currently using DXMark.

Access to individual DXMark prices is available through the BLOOMBERG PROFESSIONAL® Service. Type DXMK <go> for more information. To learn more, contact David Roover at 617-531-3446 or droover@debtx.com.

About DebtX
DebtX is one of the world’s leading full-service loan sale advisors for commercial, consumer and specialty finance debt. DebtX operates the world’s largest and most liquid online marketplace for loans, with more than 6,000 registered and approved investors and more than 300 selling institutions, including commercial banks, insurance companies, investment banks and government-sponsored enterprises. DebtX also offers DXMark®, the first objective valuation of commercial real estate portfolios based on actual secondary market loan sales. DXOpen® is a family of deal management products used by syndication and agency services professionals. DebtX is based in Boston, with U.S. offices in Atlanta, New York, and San Francisco, and European offices in London, Madrid and Frankfurt. For information, call 617-531-3400 or visit www.debtx.com.