DebtX: CMBS Loan Prices Hold Steady In February

BOSTON, April 4, 2016 /PRNewswire/ -- DebtX, the largest marketplace for loans, said today that prices of commercial real estate loans underlying CMBS were unchanged in February. 

During the month, the estimated price of whole loans securing the CMBS universe held at 99.2%, reflecting no change from January. Prices were 99% in January 2015.

"CMBS prices were unchanged in February, and effectively flat year over year," said DebtX Managing Director Will Mercer. "The Treasury yield curve flattened over the month and spreads remained relatively unchanged."

As of the end of February, DebtX had priced $883 billion in commercial real estate loans that collateralize U.S. CMBS trusts, up from $878 billion in January. Median adjusted loan-to-value remained at 57%, while the median debt service coverage ratio increased slightly to 1.48. The median estimated loan yield decreased slightly to 4.3%.

DebtX provides third-party loan valuation services for both public and private clients, as well as analytics and data based on over a decade of secondary market loan sales at DebtX. To learn more, call 617.531.3429 or for information about loan sale advisory services, call 617.531.3400.

About DebtX
DebtX operates the world's most liquid marketplace for loans. Through its loan sale advisory, DebtX maximizes loan sale proceeds for financial institutions and government agencies. DebtX also provides loan valuation, analytics and market data for regulatory and audit purposes. For syndication, agency, and loan sale professionals, DebtX provides a suite of web-based deal management solutions. For loan originators and risk managers, DXScore^® is the firm's credit rating system for commercial real estate loans. DebtX is based in Boston, with offices across the U.S., South America, Europe and Asia. Call 617.531.3400 or visit www.debtx.com. Follow DebtX on Facebook, Twitter and LinkedIn.

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