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Press Releases COMMERCIAL REAL ESTATE LOAN PRICES DECLINE IN MARCHCRE Loan Prices Remain In Narrow Trading Band BOSTON, May 10, 2010 The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS declined to 75.9% as of March 31, 2010 from 76.5% as of February 26, 2010. Loan values are down from 81.2% as of March 31, 2009. “Loan prices were negatively impacted by the upward shift in the Treasury yield curve and the continued deterioration of CRE fundamentals, despite improvements in the CRE capital markets,” said DebtX CEO Kingsley Greenland. In March, DebtX priced 59,401 CRE loans with an aggregate principal balance of $697 billion. These loans, which collateralize 623 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 DXMK <go> for more information. DebtX’s 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 six information components: Secondary Loan Market Commentary, CMBS Loan Collateral Prices, Asset Valuation Spotlight, Secondary Loan Market Liquidity, CRE Capital Markets Observations and CRE Loan Origination Spreads. For more information about DXMarket Datasm, contact David Roover at 617.531.3446 or droover@debtx.com. About DebtX Media Contact: Greg Berardi, Blue Marlin Partners, 415.239.7826, greg@bluemarlinpartners.com |