Commercial Real Estate Loan Prices Rise in November

Values Increase Modestly After Declining in October

Jan 06, 2010, 09:00 ET from DebtX

BOSTON, Jan. 6 /PRNewswire/ -- The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralizes CMBS increased to 77.7% as of November 30, 2009 from 76.9% as of October 30, 2009. The aggregate value is down from 81.3% as of January 30, 2009.

"Loan prices in the CMBS universe rose modestly in November but have remained in a tight range since July 2009," said DebtX CEO Kingsley Greenland. "November's modest improvement in CMBS collateral prices is the result of increased liquidity and declining spreads among the higher rated CMBS market segment."

DebtX priced 60,982 commercial real estate loans with an aggregate principal balance of $716.7 billion as of Nov. 30, 2009. Each of these loans, which collateralize 642 US CMBS trusts, received a DXMark®. DebtX's valuations are based on actual secondary market sales of CRE loans that take place at DebtX, the largest marketplace for loans.

DebtX provides valuations of individual CRE loans and portfolios. DXMark enables financial institutions to make more informed decisions about their loan portfolios. DXMark helps credit policy executives, risk managers, workout teams, and other senior executives analyze risk, validate origination prices and evaluate M&A opportunities. Commercial banks and government agencies are among the institutions currently using DXMark.

Access to individual DXMark prices is available through the BLOOMBERG PROFESSIONAL® Service. Type DXMK <go> for more information. To learn more, 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 6,000 registered and approved investors and 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