| Commercial Real Estate Loan Prices Rise in November |
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| Wednesday, 06 January 2010 00:00 | |||
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BOSTON, Jan. 6 /PRNewswire/ -- The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralizes CMBS increased to 77.7% as of November 30, 2009 from 76.9% as of October 30, 2009. The aggregate value is down from 81.3% as of January 30, 2009. "Loan prices in the CMBS universe rose modestly in November but have remained in a tight range since July 2009," said DebtX CEO Kingsley Greenland. "November's modest improvement in CMBS collateral prices is the result of increased liquidity and declining spreads among the higher rated CMBS market segment." DebtX priced 60,982 commercial real estate loans with an aggregate principal balance of $716.7 billion as of Nov. 30, 2009. Each of these loans, which collateralize 642 US CMBS trusts, received a www.debtx.com. SOURCE DebtX
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| Last Updated on Wednesday, 06 January 2010 00:00 |