DebtX: CMBS Loan Prices Remain Steady In March

PR Newswire

BOSTON, May 5, 2014 /PRNewswire/ -- DebtX, the largest marketplace for loans, said today that price levels for loans underlying the CMBS universe were unchanged in March 2014 compared to February 2014.

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"Prices were flat given the yield curve and consistent fundamentals, although we did see a nice year-over-year increase," said DebtX Managing Director Will Mercer.  "In the secondary markets, we saw essentially the same pattern. There was no material movement in prices during the month."

DebtX reported the following for March 2014:

  • CMBS loan prices. The estimated price of whole loans securing the U.S. CMBS universe remained steady at 94.7% as of March 31, 2014, with no change from February 28, 2014. Loan values were 91.4% on March 31, 2013.
  • Impaired performing loan prices. The weighted average monthly price of impaired performing loans traded at DebtX's marketplace was 78.8% in March 2014, compared to 78.9% in February 2014. Prices were 73.5% in March 2013.
  • Non-performing loan prices. The weighted average monthly price of non-performing CRE loans traded at DebtX's marketplace was 46.5% in March 2014, compared to 46.2% in February 2014. Prices were 55.3% in March 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 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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