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The aggregate value of Commercial Real Estate (CRE) loans as priced by ""DebtX"":https://www.debtx.com/Default.asp? saw both monthly and yearly increases in May, according to a company release.
[IMAGE]As of the end of May, the value of CRE loans rose to 88.2 percent from 88.1 percent as of April and increased from 81.6 percent a year ago in May.
[COLUMN_BREAK]""Commercial real estate loan prices climbed for a fifth straight month in May as underlying market conditions continued to improve,"" said DebtX CEO Kingsley Greenland. ""CRE loan prices in May benefited from a decline in Treasury yields.""
In May, DebtX priced 55,510 CRE loans with a total principal balance of $765.7 billion. The loans, which collateralize 732 U.S. commercial-backed mortgage security (CMBS) trusts, each received a DXMark, which is a price based on 10 years of data from billions of dollars in loan sales executed by DebtX.
DebtX's CMBS loan pricing analysis is part of DXMarket Data, which is a subscription service that provides loan buyers with information on transactions at www.debtx.com. DXMarket Data includes five components: non-performing loan sale prices, bank watch, secondary loan market commentary, CMBS loan collateral prices, and secondary loan market liquidity.
DebtX is a Boston-based full-service loan sale advisor for commercial, consumer and specialty finance debt. The company also has offices in San Francisco, Atlanta, McLean, New York and European offices in the United Kingdom, Spain, and Germany.
