The value of commercial loans priced in August by The Debt Exchange that collateralize commercial mortgage-backed securities rose to 81% of the original balance, the loan sale advisor said. DebtX priced 57,586 commercial real estate loans last month worth a combined $679.1 billion that collateralize 626 CMBS trusts. The aggregate August value is up from 79.4% in July and higher than the 77% a year earlier. “A falling yield curve and the strong demand for products contributed to an increase in CRE loan prices in August,” said Kingsley Greenland, chief executive of Boston-based DebtX. “Both positive price trends more than offset the historically high rates of loan delinquency and default among borrowers.” Last week, Standard & Poor’s reported delinquencies for housing finance agency loans increased to 6.67% in the second quarter, which is the highest percentage the firm has seen since it started tracking such data in the second quarter of 2006. Write to Jason Philyaw.

3d rendering of a row of luxury townhouses along a street

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