DebtX: CMBS Loan Prices Edge Down In July

Reading Time: 1 minute

Photo by Omar Barcena


DebtX, the largest marketplace for loans, said today that prices of loans underlying the commercial mortgage-backed securities (CMBS) universe retreated slightly inJuly.

“CMBS prices in July gave up their modest gains from the prior month,” said DebtX Managing Director Will Mercer. “Prices are basically flat for the summer thus far, but still upyear-over-year.”

At the end of July, DebtX had priced $864 billion in commercial real estate loans that collateralize US CMBS trusts. The estimated price of whole loans securing this universe decreased to 95.6% at the end of July from 95.9% at the end of June. Prices were 90.7% in July2013.

Median adjusted loan-to-values in July decreased to 59%, while median debt service coverage ratios have remained at 1.41. Median estimated loan yields have increased to4.5%.

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.


All opinions expressed on USDR are those of the author and not necessarily those of US Daily Review.

Leave a comment

Your email address will not be published.


Show Buttons
Share On Facebook
Share On Twitter
Share On Google Plus
Share On Linkdin
Share On Pinterest
Share On Reddit
Share On Stumbleupon
Contact us
Hide Buttons
Rimons twitter widget by Rimon Habib