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Press Releases COMMERCIAL REAL ESTATE LOAN PRICES RISE IN NOVEMBERValues Increase Modestly After Declining in October BOSTON, January 06, 2010 The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralizes CMBS increased to 77.7% as of November 30, 2009 from 76.9% as of October 30, 2009. The aggregate value is down from 81.3% as of January 30, 2009. “Loan prices in the CMBS universe rose modestly in November but have remained in a tight range since July 2009,” said DebtX CEO Kingsley Greenland. “November’s modest improvement in CMBS collateral prices is the result of increased liquidity and declining spreads among the higher rated CMBS market segment.” DebtX priced 60,982 commercial real estate loans with an aggregate principal balance of $716.7 billion as of Nov. 30, 2009. Each of these loans, which collateralize 642 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 About DebtX Media Contact: |