Commercial Real Estate Loan Prices Hold Steady In November

PR Newswire

BOSTON, Jan. 8, 2014 /PRNewswire/ -- DebtX, the largest marketplace for loans, said today that Commercial Real Estate (CRE) loan prices in the secondary market were steady in November and that the buy side will continue to be active in 2014.


"Loan prices in the CMBS universe and impaired performing category were basically unchanged in November, and non-performing loan prices dipped slightly during the month," said DebtX Managing Director Will Mercer.

DebtX reported the following for November 2013:

  • CMBS Loan Pricing. The estimated price of whole loans increased to 92.7% as of November 30, 2013 from 92.3% as of October 31, 2013. Loan values were 89.4% on November 30, 2012.
  • Impaired performing loan prices. The weighted average monthly price of impaired performing loans traded at DebtX's marketplace was 78.9% in November 2013, down from 79.1% in October 2013. Prices were 80.5% in November 2012.
  • Non-performing loan prices. The weighted average monthly price of non-performing CRE loans traded at DebtX's marketplace was 48.8% in November 2013, down from 50.2% in October 2013. Prices were 52.4% in November 2012.
  • Marketplace liquidity. The Loan Liquidity Index, a monthly barometer of liquidity for pools of loans sold at DebtX, was 107.5, up from 105.7 in October 2013. The Index was 108.8 in November 2012.

DebtX provides third-party loan valuation services for both public and private clients, as well as analytics and data based on over a decade of secondary market loan sales at DebtX.

To learn more about DebtX's suite of valuation, data and analytics products, call 617.531.3429. For 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 and 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 617.531.3400 or visit Follow DebtX on Facebook, Twitter and LinkedIn.


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