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property record · Office

500, 509, 550 MERIDIAN STREET

Commercial property in Indianapolis, Marion County, Indiana. Income, occupancy and loan, each figure linked to the filing it comes from.

TYPE: OfficeSQ FT: 334,506BUILT: 1975Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/1285c5d4-e3f8-4823-87b2-3b44ff94152b

Operating income

As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.

As ofNOIRevenueExpensesDSCRSource
2025-06-301,159,0021,159,00202.56evidence →
2024-12-312,318,0002,318,00002.54evidence →
2024-09-301,738,5031,738,50302.54evidence →
2024-06-301,960,0393,356,8971,396,8582.33evidence →
2023-12-312,318,0002,318,00002.55evidence →
2023-09-301,738,5011,738,50102.55evidence →
2023-06-301,209,0001,209,00002.67evidence →
2023-03-31579,500579,50002.58evidence →
2022-12-312,318,0002,318,00002.55evidence →
2022-09-301,738,5031,738,50302.55evidence →
2022-06-301,159,0001,159,00002.56evidence →
2022-03-31579,500579,50002.58evidence →
2021-09-301,738,5031,738,50302.55evidence →
2021-03-31579,501579,50102.58evidence →
2018-05-312,931,9525,301,7912,369,8391.74evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001818654", "entity_ref": "72c1922e-ca67-47a7-96cf-ca0ace092f48", "originator": "Ladder Capitaevidence →
loan payment status{"label": "Late Payment But Less Than 30 Days Delinquent", "value": "B", "loan_id": "9"}evidence →
address{"zip": "46204", "city": "Indianapolis", "state": "IN", "county": "Marion", "address": "500, 509, 550 MERIDIANevidence →
occupancy{"basis": "securitization", "value": 1}evidence →
sqft{"basis": "most_recent", "value": 334506}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "Defeasance not Allowable", "defeased_sevidence →
type{"label": "Office", "value": "OF"}evidence →
valuation{"basis": "securitization", "amount": 37100000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
valuation{"basis": "securitization", "amount": 42400000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
year built{"value": 1975, "renovated": 2014}evidence →