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property record · Industrial

2314-2418 Sybrandt Road

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

TYPE: IndustrialSQ FT: 325,122BUILT: 1963Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/3d6110dc-d82d-443f-a5b1-4ff0ceb05c03

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2026-03-31199,672378,410178,7382.10evidence →
2025-12-311,347,1091,983,098635,9893.55evidence →
2025-09-301,173,8431,840,739666,8963.09evidence →
2025-06-301,223,5781,840,376616,7983.22evidence →
2024-12-311,341,4371,941,497600,0603.53evidence →
2024-06-301,175,5561,825,170649,6143.10evidence →
2023-12-311,362,1062,016,368654,2623.59evidence →
2023-09-301,141,9861,583,869441,8843.01evidence →
2023-06-301,479,3901,997,640518,2503.90evidence →
2022-12-311,164,5991,553,330388,7313.07evidence →
2022-09-301,201,4701,583,505382,0353.17evidence →
2022-06-301,025,3201,455,874430,5542.70evidence →
2021-09-301,363,6181,640,791277,1733.59evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001907059", "entity_ref": "9e013a96-ae37-4aa0-852b-62da2b96c9b6", "originator": "DBR Investmenevidence →
loan payment status{"label": "Current", "value": "0", "loan_id": "27"}evidence →
address{"zip": "49684", "city": "Traverse City", "state": "MI", "county": "Grand Traverse", "address": "2314-2418 Sybevidence →
occupancy{"basis": "most_recent", "value": 1}evidence →
sqft{"basis": "most_recent", "value": 325122}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_staevidence →
type{"label": "Industrial", "value": "IN"}evidence →
valuation{"basis": "securitization", "amount": 17000000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
valuation{"basis": "securitization", "amount": 50800000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
year built{"value": 1963, "renovated": 2018}evidence →