DebtX: CMBS Loan Prices Increase Modestly In April

PR Newswire

BOSTON, June 5, 2014 /PRNewswire/ -- DebtX, the largest marketplace for loans, said today that prices of loans underlying the CMBS universe were up slightly in April 2014 compared to March 2014.

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"CMBS prices increased modestly in April and continue to post historic highs," said DebtX Managing Director Will Mercer. "In the secondary loan sale market, prices were essentially flat."

DebtX reported the following for April 2014:

  • CMBS loan prices. The estimated price of whole loans securing the U.S. CMBS universe increased to 95.2% as of April 30, 2014 from 94.7% on March 31, 2014. Loan values were 92.0% on April 30, 2013.
  • Impaired performing loan prices. The weighted average monthly price of impaired performing loans traded at DebtX's marketplace was 78.9% in April 2014, compared to 78.8% in March 2014. Prices were 74% in April 2013.
  • Non-performing loan prices. The weighted average monthly price of non-performing CRE loans traded at DebtX's marketplace was 46.1% in April 2014, compared to 46.3% in March 2014. Prices were 55.1% in April 2013.

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, DebtX maximizes loan sale proceeds for financial institutions and government agencies. DebtX also provides loan valuation, analytics and market data for regulatory and audit purposes. 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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