DebtX Notes Price Gain In CRE Loans

Posted by Orb Staff on December 03, 2010 No Comments
Categories : Commercial Mortgage

The aggregate value of commercial real estate loans priced by DebtX that collateralize commercial mortgage-backed securities (CMBS) increased to 80.9% as of Oct. 29 from 80.5% as of Sept. 30. Loan values were 76.9% as of Oct. 30, 2009.

‘Loan prices in October continued the upward trend of the past year and have increased for six of the past seven months,’ says DebtX CEO Kingsley Greenland. ‘Despite high delinquency rates across the industry, a widening at the short end of the treasury yield curve resulted in higher prices in October.’

In October, DebtX priced 56,568 commercial real estate loans with a $664 billion aggregate principal balance. The loans collateralize 616 U.S. CMBS trusts.

SOURCE: DebtX

Register here to receive our Latest Headlines email newsletter




Leave a Comment