""The Debt Exchange (DebtX)"":www.debtx.com/ recently released its commercial loan report for January, and the findings indicate that loan values are continuing to rise steadily, following the trend of the past 12 months.[IMAGE]
According to data from DebtX, values for commercial real estate (CRE) loans stood at 79.8 percent to end the first month of the year.[COLUMN_BREAK]
Evaluating the aggregate value of CRE loans priced by DebtX that collateralize commercial mortgage-backed securities climbed to 86.4 percent to close January. The statistics represent an uptick from December's totals, which rant in at 85.3 percent.
Commenting on January's results, DebtX's CEO, Kingsley Greeland, said, ""CRE loan prices rose again in January and are now up 8 percent from a year ago. CRE loan prices trended upward in January as treasury yields and credit spreads declined.""
For January, DebtX priced 51,399 CRE loans with a $616.1 billion aggregate principal balance. The company applied a price evaluation based on 10 years of data accumulated from loan sales executed by DebtX.
The DebtX CMBS loan pricing analysis is part of the company's service to loan buyers, which provides insights on six components including: non-performing loan sale prices, bank watch, secondary loan market commentary, CMBS loan collateral prices, and secondary loan market liquidity. The data, known as ""DXMarket Data"":www.debtx.com/Products/DXMarketData.asp, is available via a the company's subscription service.