property record · Multifamily
538 Bond Avenue Northwest
Commercial property in Grand Rapids, Kent 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 |
|---|---|---|---|---|---|
| 2026-06-30 | 1,039,494 | 1,492,237 | 452,743 | 3.74 | evidence → |
| 2025-12-31 | 1,518,923 | 2,870,057 | 1,351,134 | 2.73 | evidence → |
| 2025-09-30 | 1,116,912 | 2,133,232 | 1,016,320 | 2.67 | evidence → |
| 2025-06-30 | 735,409 | 1,397,910 | 662,501 | 2.65 | evidence → |
| 2024-12-31 | 1,453,108 | 2,734,816 | 1,281,708 | 2.60 | evidence → |
| 2024-09-30 | 1,055,837 | 2,041,917 | 986,079 | 2.51 | evidence → |
| 2024-06-30 | 702,900 | 1,370,217 | 667,317 | 2.52 | evidence → |
| 2023-12-31 | 1,573,149 | 2,687,448 | 1,114,299 | 2.82 | evidence → |
| 2023-09-30 | 909,305 | 2,022,084 | 1,112,779 | 2.17 | evidence → |
| 2023-06-30 | 484,158 | 1,331,675 | 847,517 | 1.74 | evidence → |
| 2022-09-30 | 605,950 | 1,882,667 | 1,276,717 | 1.45 | evidence → |
| 2021-03-31 | 1,159,712 | 2,258,427 | 1,098,716 | 2.08 | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0001864196", "entity_ref": "96b46c95-bfb4-4dad-ad9a-f90f10a0303e", "originator": "Barclays Capi | evidence → |
| loan payment status | {"label": "Current", "value": "0", "loan_id": "20"} | evidence → |
| address | {"zip": "49503", "city": "Grand Rapids", "state": "MI", "county": "Kent", "address": "538 Bond Avenue Northwes | evidence → |
| occupancy | {"basis": "most_recent", "value": 0.9474} | evidence → |
| sqft | {"basis": "most_recent", "value": 0} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6", "defeased_label": "Defeasance not Allowable", "defeased_s | evidence → |
| type | {"label": "Multifamily", "value": "MF"} | evidence → |
| units | {"basis": "most_recent", "value": 114} | evidence → |
| valuation | {"basis": "securitization", "amount": 23200000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 2006} | evidence → |