Commercial Real Estate Loan Prices Improve in April

Tightening Credit Spreads, Flattening Yield Curve Boost Prices

Jun 10, 2010, 09:00 ET from DebtX

BOSTON, June 10 /PRNewswire/ -- 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 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 DXMarket Data(SM) 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 Data(SM), contact David Roover at 617.531.3446 or

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