DebtX: Commercial Real Estate Loan Prices Up In June

Posted by Orb Staff on August 01, 2012 No Comments
Categories : Commercial Mortgage

12099_cre_3_bldgs DebtX: Commercial Real Estate Loan Prices Up In June The aggregate value of commercial real estate (CRE) loans priced by DebtX that collateralize commercial mortgage-backed securities increased to 88.4% as of June 30, slightly up from 88.2% as of May 31. Loan values were 84.9% as of June 30, 2011.Â

In June, DebtX priced 54,946 CRE loans with a $766.1 billion aggregate principal balance. These loans collateralize 742 U.S. CMBS trusts, according to DebtX.

‘Commercial real estate loan prices rose for a seventh straight month in June and have continued the upward trend of the past 15 months,’ says DebtX CEO Kingsley Greenland. ‘Rising prices have prompted a growing number of sellers to take advantage of liquidity in the marketplace. It remains a good time to sell due to strong investor demand.’

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