The aggregate value of CRE loans priced by DebtX that back CMBS rose to 76.7% as of Jan. 29, up from 75.9% as of Dec. 31.  Loan values dipped from 81.3% compared with January 2009.

“Loan prices rose in January due primarily to the downward shift of the treasury yield curve and a modest tightening of whole loan spreads,” DebtX CEO Kingsley Greenland said. “These improvements in the capital markets were partially offset by weak commercial real estate fundamentals.”

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