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property record · Multifamily

Commercial property

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

TYPE: MultifamilyBUILT: 1970Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/5a3b66eb-ebea-4b24-a28f-5f22a419da69

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2021-12-311,471,3783,132,3311,660,9531.85evidence →
2021-06-30728,3771,554,750826,3731.84evidence →
2021-03-31349,152767,660418,5081.78evidence →
2020-12-311,445,7552,916,2771,470,5221.81evidence →
2020-09-301,042,5672,181,3621,138,7951.74evidence →
2019-05-311,496,0392,828,0171,331,9781.88evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001780678", "entity_ref": "1db1ec50-4084-490f-80fd-86dc4f6669ee", "originator": "Ladder Capitaevidence →
loan payment status{"label": "Current", "value": "0", "loan_id": "22"}evidence →
address{"state": "MI", "county": "Oakland"}evidence →
occupancy{"basis": "most_recent", "value": 0.96}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": 259}evidence →
valuation{"basis": "securitization", "amount": 26300000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
year built{"value": 1970, "renovated": 2019}evidence →