Commercial Real Estate Loan Prices Dip Slightly in March: DebtX

According to a recent report by ""DebtX"":http://www.debtx.com/default.asp, a full-service loan sale advisor based in Boston, the aggregate value of DebtX-[IMAGE]

priced commercial real estate (CRE) loans that collateralized commercial mortgage-backed securities (CMBS) dropped to 75.9 percent as of March 31, 2010, inching down from 76.5 percent as of February 26, 2010 and 81.2 percent as of March 31, 2009.

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""Loan prices were negatively impacted by the upward shift in the Treasury yield curve and the continued deterioration of CRE fundamentals, despite improvements in the CRE capital markets,"" said Kingsley Greenland, CEO of DebtX.

DebtX priced 59,401 CRE loans in March with an aggregate principal balance of $697 billion. These loans, which collateralize 632 U.S. CMBS trusts, all received a DXMark-the first objective valuation of commercial real estate portfolios based on actual secondary market loan sales executed at DebtX.

The company said its loan pricing analysis is part of DXMarket Data, a subscription services that provides loan buyers insight about transaction executed through DebtX. This service is available to registered DebtX buyers and includes six information components, including secondary loan market commentary, CMBS loan collateral prices, asset valuation spotlight, secondary loan market liquidity, CRE capital markets observations, and CRE loan origination spreads.