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Press Releases COMMERCIAL REAL ESTATE LOAN PRICES IMPROVE IN APRILTightening Credit Spreads, Flattening Yield Curve Boost Prices BOSTON, June 10, 2010 The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS increased to 76.4% as of April 30, 2010 from 75.9% as of March 31, 2010. Loan values were 79.4% as of April 30, 2009. “The increase in US CMBS collateral prices was the result of tightening credit spreads and a flattening of the Treasury yield curve,” said DebtX CEO Kingsley Greenland. “Those factors more than offset a deterioration in commercial real estate fundamentals.”
In April, DebtX priced 58,352 CRE loans with an aggregate principal balance of $691 billion. These loans, which collateralize 625 US CMBS trusts, received a DXMark®, which is based on loan sales executed at DebtX, the largest marketplace for loans. Access to individual DXMark prices is available through the BLOOMBERG PROFESSIONAL® Service. Type DebtX’s CMBS loan pricing analysis is part of DXMarket Datasm, a subscription service that provides loan buyers insight about transactions executed at www.debtx.com. DXMarketDatasm is available to registered DebtX buyers and includes five components: Secondary Loan Market Commentary, CMBS Loan Collateral Prices, Asset Valuation Spotlight, Secondary Loan Market Liquidity and CRE Capital Markets Observations. For more information about DXMarket Datasm, contact David Roover at 617.531.3446 or droover@debtx.com. About DebtX Media Contact |