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property record · Multifamily

7420-7426 and 7500 Orion Court

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

TYPE: MultifamilySQ FT: 112,418BUILT: 2016Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/74ab9ae1-0835-481c-9729-e2885f89cf46

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2025-12-311,708,0552,770,0001,061,9454.77evidence →
2025-09-301,649,1222,703,5551,054,4344.61evidence →
2024-12-311,629,0362,707,5941,078,5584.55evidence →
2024-09-301,646,5372,699,6781,053,1404.60evidence →
2024-06-301,622,5702,700,2491,077,6794.53evidence →
2023-12-311,512,1172,586,2081,074,0914.22evidence →
2023-09-301,540,8392,585,5381,044,6994.31evidence →
2023-06-301,487,5852,610,4551,122,8704.16evidence →
2022-12-311,014,6362,505,5381,490,9022.83evidence →
2022-09-30980,9472,491,5941,510,6472.74evidence →
2022-06-30622,6972,450,0381,827,3411.74evidence →
2021-12-311,387,4952,285,024897,5293.88evidence →
2021-09-301,338,1252,240,482902,3573.74evidence →
2021-06-301,232,6772,152,365919,6873.44evidence →
2020-12-311,228,0092,034,573806,5643.43evidence →
2020-09-301,253,4152,016,661763,2463.50evidence →
2020-06-301,191,2091,984,703793,4943.33evidence →
2019-08-311,328,5162,035,170706,6543.71evidence →
2019-02-286,843,36117,370,54110,527,1802.28evidence →
2018-12-311,185,6311,850,116664,4851.61evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001799463", "entity_ref": "eaf3fa1f-ed02-4325-8a22-a22d498554c4", "originator": "BSPRT", "trusevidence →
loan payment status{"label": "Current", "value": "0", "loan_id": "29"}evidence →
address{"zip": "48642", "city": "Midland", "state": "MI", "county": "Midland", "address": "7420-7426 and 7500 Orion Cevidence →
occupancy{"basis": "most_recent", "value": 0.88264463}evidence →
sqft{"basis": "securitization", "value": 112418}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": 110}evidence →
valuation{"basis": "securitization", "amount": 20900000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
valuation{"basis": "securitization", "amount": 100500000, "source": "MAI", "currency": "USD", "source_label": "Appraisaevidence →
valuation{"basis": "securitization", "amount": 20900000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
year built{"value": 2016}evidence →