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BOSTON, Jan. 30, 2014 /PRNewswire/ -- DebtX, the largest marketplace for loans, said today that Commercial Real Estate (CRE) loan prices in the secondary market held steady in December but increased modestly for 2013 overall.
"Prices for loans underlying the CMBS universe were up 4% year-over-year, with much of the gains coming in the first half of the year," said DebtX Managing Director Will Mercer. "At DebtX's loan sale marketplace, impaired performing loans were flat for the year, while non-performing loans declined 4.4%."
DebtX reported the following for December 2013:
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 about DebtX's suite of valuation, data and analytics products, call 617.531.3429. For information about loan sale advisory services, call 617.531.3400.
DebtX operates the world's most liquid marketplace for loans. Through its loan sale advisory and valuation and analytics services, DebtX maximizes loan sale proceeds for financial institutions and government agencies. For syndication, agency, and loan sale professionals, DebtX provides a suite of web-based deal management solutions. DebtX is based in Boston, with offices across the U.S. and Europe. Call 617.531.3400 or visit www.debtx.com. Follow DebtX on Facebook, Twitter and LinkedIn.
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