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property record · Multifamily

1600 Bear Creek Lane

Commercial property in PETOSKEY, Emmet County, Michigan. Income, occupancy and loan, each figure linked to the filing it comes from.

TYPE: MultifamilyBUILT: 2005Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/26f1ab47-2b77-4c84-a373-0e8e4ac2d1da

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2021-09-3015,619,27920,087,1874,467,9081.66evidence →
2020-09-3013,792,19019,215,1035,422,9131.50evidence →
2020-06-3010,119,88112,998,6802,878,7991.68evidence →
2019-09-3015,642,98620,425,6744,782,6882.24evidence →
2018-09-27554,177775,315221,1391.73evidence →
2018-03-315,279,5336,938,3221,658,7892.30evidence →
2017-05-3122,581,09229,380,9186,799,8262.58evidence →
2017-05-3123,327,64930,110,4386,782,7892.67evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001716602", "entity_ref": "53b8a39e-3a94-4558-bc9b-f5dd6628ecee", "originator": "Citi Real Estevidence →
loan payment status{"label": "Late Payment But Less Than 30 Days Delinquent", "value": "B", "loan_id": "13"}evidence →
address{"zip": "49770", "city": "PETOSKEY", "state": "MI", "county": "EMMET", "address": "1600 Bear Creek Lane"}evidence →
occupancy{"basis": "most_recent", "value": 0.9034}evidence →
sqft{"basis": "most_recent", "value": 0}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_staevidence →
type{"label": "Multifamily", "value": "MF"}evidence →
units{"basis": "most_recent", "value": 240}evidence →
valuation{"basis": "securitization", "amount": 34200000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
valuation{"basis": "most_recent", "amount": 32460000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (Mevidence →
valuation{"basis": "securitization", "amount": 375000000, "currency": "USD"}evidence →
year built{"value": 2005}evidence →