DebtX: CRE Loan Prices Rose In September

PR Newswire

BOSTON, Oct. 29, 2013 /PRNewswire/ -- DebtX, the largest marketplace for loans, said today that Commercial Real Estate (CRE) loan prices in the CMBS universe traded higher in September. Non-performing and impaired performing CRE loans also improved in September.

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"CRE loans continue to sustain pricing gains from the significant rally last year," said DebtX Managing Director Will Mercer. "We don't see any weakening of demand from the buy side, and supply is still limited."

DebtX reported the following for September 2013:

  • CMBS loan pricing. The estimated price of whole loans securing the US CMBS universe increased to 91.5% as of September 30, 2013 from 90.2% as of August 30, 2012. Loan values were 88.7% on September 30, 2012.
  • Impaired performing loan prices. The weighted average monthly price of impaired performing loans traded at DebtX's marketplace was 79.2% in September 2013, up from 79.0% in August 2013. Prices were 78.0% in September 2012.
  • Non-performing loan prices. The weighted average monthly price of non-performing CRE loans traded at DebtX's marketplace was 52.8% in September 2013, up from 51.0% in August 2013. Prices were 50.9% in September 2012.
  • Marketplace liquidity. The Loan Liquidity Index, a monthly barometer of liquidity for pools of loans sold at DebtX, was 103.4, up from 99.7 in August 2013. The Index was 109.6 in September 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 +1.617.531.3400 or visit www.debtx.com. Follow DebtX on Facebook, Twitter and LinkedIn.

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