COMMERCIAL REAL ESTATE LOAN PRICES ROSE MODESTLY IN MAY

Flattening Yield Curve Boosts Prices Despite Weakening CRE Fundamentals And Widening Credit Spreads

BOSTON,  July 08, 2010

The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS increased to 76.6% as of May 28, 2010 from 76.4% as of April 30, 2010. Loan values were 77.6% as of May 29, 2009.

“US CMBS collateral prices increased again in May,” said DebtX CEO Kingsley Greenland. “A flattening Treasury yield curve due to a flight to U.S. government securities more than offset a deterioration of commercial real estate fundamentals and a widening of credit spreads.”

In May, DebtX priced 58,901 CRE loans with a $691 billion aggregate principal balance. These loans, which collateralize 630 US CMBS trusts, each received a DXMark®, a price 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 CMBS loan pricing analysis is part of DXMarket Data^sm, a subscription service that provides loan buyers insight about transactions executed at www.debtx.com. DXMarket Data^sm is available to registered DebtX buyers and includes seven components: Non-Performing Loan Sale Prices, Bank Watch, 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 Data^sm, 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 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.

Media Contact
Greg Berardi, Blue Marlin Partners, 415.239.7826, greg@bluemarlinpartners.com