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property record · Retail

6333 Kalamazoo Ave SE

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

TYPE: RetailSQ FT: 21,235BUILT: 2001Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/43e51359-3027-442f-a1e2-4aa4ee226bf7

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2022-09-30535,354743,297207,9431.71evidence →
2022-06-30797,7721,121,681323,9091.70evidence →
2021-09-30389,630540,978151,3481.66evidence →
2020-12-31401,031554,479153,4481.71evidence →
2020-09-30530,077726,915196,8391.69evidence →
2020-06-30745,5741,058,856313,2821.59evidence →
2019-09-30494,372727,623233,2511.96evidence →
2019-06-30369,095544,484175,3902.01evidence →
2018-09-30361,130498,859137,7291.96evidence →
2017-05-31331,402459,631128,2291.80evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001718304", "entity_ref": "bf787121-40d9-49d1-8eb4-b843467705fa", "originator": "Ladder Capitaevidence →
loan payment status{"label": "Late Payment But Less Than 30 Days Delinquent", "value": "B", "loan_id": "49"}evidence →
address{"zip": "49508", "city": "Grand Rapids", "state": "MI", "county": "Kent", "address": "6333 Kalamazoo Ave SE"}evidence →
occupancy{"basis": "most_recent", "value": 1}evidence →
sqft{"basis": "most_recent", "value": 21235}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_staevidence →
type{"label": "Retail", "value": "RT"}evidence →
units{"basis": "most_recent", "value": 11}evidence →
valuation{"basis": "securitization", "amount": 5600000, "source": "MAI", "currency": "USD", "source_label": "Appraisal evidence →
year built{"value": 2001}evidence →