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The aggregate value of Commercial Real Estate (CRE) loans increased to 88.1 percent as of April 30, 2012 from 87.3 percent as of the end of March and from 80.9 percent as of April 30, 2011, according to ""DebtX"":https://www.debtx.com/Default.asp.
[IMAGE] [COLUMN_BREAK]The increase in April marks the fourth straight month CRE loan values rose.
""Improving CRE fundamentals, along with a decline in Treasuries and a decrease in credit spreads, drove loan prices higher in April,"" said DebtX CEO Kingsley Greenland.
In April, DebtX priced 55,803 CRE loans with a $767.6 billion aggregate principal balance.
The loans collateralize 729 U.S. CMBS trusts, each of which received a DXMark, a price based on 10 years of data from billions of dollars in loan sales executed by DebtX.
DebtX is a full-service loan sale advisor for commercial, consumer and specialty finance debt. The company operates the largest online marketplace for loan sales.
