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CRE Loans Up in June, says DebtX CEO

BOSTON-According to the load advisor head, June marked the seventh month in a row for loan prices to rise.

By Miriam Lamey | Updated on August 01, 2012

BOSTON-A recent release from DebtX highlighted the fact that commercial real estate loans have gone up again, in keeping in line with a seven month long trend. This quote from company CEO Kingsley Greenland expresses this trend: “commercial real estate loan prices rose for a seventh straight month in June and have continued the upward trend of the past 15 months.”

According to the company, the composite value of commercial real estate loans priced by DebtX that were secured via CMBS increased to 88.4% as of June 30, 2012. Compare this to the same time last year; loan values were 84.9%.

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