Commercial Real Estate Loan Prices Dip in July

CRE Prices Pause After Seven Consecutive Months of Gains

BOSTON--(BUSINESS WIRE)--The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS dropped to 88.3% as of July 31, 2012 from 88.4% as of June 30, 2012. Loan values were 85.3% as of July 30, 2011.

“Commercial real estate loan prices fell slightly in July after rising for seven straight months”

“Commercial real estate loan prices fell slightly in July after rising for seven straight months,” said DebtX Managing Director Will Mercer. “The price decline was primarily due to an increase in the Treasury yield curve and a slight increase in credit spreads.”

In July, DebtX priced 55,032 CRE loans with a $769.2 billion aggregate principal balance. These loans, which collateralize 753 US CMBS trusts, each received a DXMark®, a price based on 10 years of data from billions of dollars in loan sales executed by DebtX, the largest marketplace for loan sales. 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 DebtXData℠, a subscription service that provides loan buyers with insight about transactions at www.debtx.com, the most liquid exchange for whole loans. DebtXData℠ offers historical and current CRE loan prices, a quantitative measure of secondary market liquidity, new origination spreads, market commentary and analysis of selected trades transacted at DebtX.

For more information about DXMark® or DebtXData^sm, contact David Roover, 617.531.3446 or [e-mail]. For more information about loan sale advisory services, call 617.531.3400.

About DebtX

DebtX operates the world’s most liquid marketplace for loans. Through its loan sale advisory, valuation and analytics services, DebtX maximizes loan sale proceeds for financial institutions and government agencies. For syndication, agency, and loan sale professionals, DebtX provides a suite of web-based deal management solutions. DebtX is based in Boston, with offices across the U.S. and Europe. Call +1.617.531.3400 or visit www.debtx.com.