property record · Industrial
5542 West Grand River Avenue
Commercial property in Lansing, Clinton County, Michigan. Income, occupancy and loan, each figure linked to the filing it comes from.
Operating income
As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.
| As of | NOI | Revenue | Expenses | DSCR | Source |
|---|---|---|---|---|---|
| 2024-06-30 | 1,175,577 | 1,470,929 | 295,352 | 1.19 | evidence → |
| 2023-12-31 | 1,245,527 | 1,550,066 | 304,539 | 1.26 | evidence → |
| 2023-02-28 | 1,512,490 | 1,836,268 | 323,778 | 1.54 | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0001982178", "entity_ref": "3e29899b-9da4-475a-a18c-3c0a6d3552b4", "originator": "Citi Real Est | evidence → |
| loan payment status | {"label": "Current", "value": "0", "loan_id": "26"} | evidence → |
| address | {"zip": "48906", "city": "Lansing", "state": "MI", "county": "Clinton", "address": "5542 West Grand River Aven | evidence → |
| occupancy | {"basis": "most_recent", "value": 1} | evidence → |
| sqft | {"basis": "most_recent", "value": 275000} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_sta | evidence → |
| type | {"label": "Industrial", "value": "IN"} | evidence → |
| valuation | {"basis": "securitization", "amount": 20500000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 1990, "renovated": 2008} | evidence → |