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Press Releases COMMERCIAL REAL ESTATE LOAN PRICES RISE IN JANUARYLoan Prices Post Small Increase, But Remain In Narrow Range BOSTON, March 04, 2010 The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS increased to 76.7% as of January 29, 2010, up from 75.9% as of December 31, 2009. Loan values are down from 81.3% compared to January 2009. “Loan prices rose in January due primarily to the downward shift of the treasury yield curve and a modest tightening of whole loan spreads,” said DebtX CEO Kingsley Greenland. “These improvements in the capital markets were partially offset by weak commercial real estate fundamentals.” DebtX priced 59,759 commercial real estate loans with an aggregate principal balance of $700.2 billion as of January 29, 2010. Each of these loans, which collateralize 627 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, insurance companies 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: Greg Berardi, Blue Marlin Partners, 415-239-7826, greg@bluemarlinpartners.com |