Commercial Real Estate Loan Prices Rise In August

Commercial Real Estate Loan Prices Rise In August The aggregate value of commercial real estate (CRE) loans priced by DebtX that collateralize commercial mortgage-backed securities (CMBS) increased to 85.9% as of Aug. 31, up slightly from 85.3% as of July 30. Loan values were 81% as of Aug. 31, 2010.

In August, DebtX priced 53,614 CRE loans with a $637.4 billion aggregate principal balance. These loans collateralized 646 U.S. CMBS trusts.

‘Commercial real estate loan prices rose in August mostly due to a decline in Treasury yields,’ says DebtX CEO Kingsley Greenland. ‘CRE loan prices are also continuing to recover due to improving conditions in the marketplace.’

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