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property record · Retail

28949 Northwestern Highway

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

TYPE: RetailSQ FT: 10,645BUILT: 1997Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/7ed75e9d-7445-48e1-92ca-3871d7e58f84

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2025-06-30140,646150,0009,3541.78evidence →
2024-12-31140,646150,0009,3541.78evidence →
2024-09-30140,646150,0009,3541.78evidence →
2024-06-30142,652150,0007,3481.80evidence →
2024-03-3135,66237,5001,8381.80evidence →
2023-12-31142,648150,0007,3521.80evidence →
2023-09-30142,652150,0007,3481.80evidence →
2023-06-30142,652150,0007,3481.80evidence →
2023-03-3133,97437,5003,5261.72evidence →
2022-12-31135,896150,00014,1041.72evidence →
2022-09-30135,896150,00014,1041.72evidence →
2022-06-30135,896150,00014,1041.72evidence →
2021-12-31135,896150,00014,1041.72evidence →
2021-09-30143,589150,0006,4111.82evidence →
2021-06-30143,589150,0006,4111.82evidence →
2020-09-30140,555150,0009,445—evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001843823", "entity_ref": "f69ab081-8c0f-4a25-86e7-26885df1ea7d", "originator": "LMF Commerciaevidence →
loan payment status{"label": "Late Payment But Less Than 30 Days Delinquent", "value": "B", "loan_id": "46"}evidence →
address{"zip": "48034", "city": "Southfield", "state": "MI", "county": "Oakland", "address": "28949 Northwestern Highevidence →
occupancy{"basis": "most_recent", "value": 1}evidence →
sqft{"basis": "most_recent", "value": 10645}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "Defeasance not Allowable", "defeased_sevidence →
type{"label": "Retail", "value": "RT"}evidence →
valuation{"basis": "securitization", "amount": 2070000, "source": "MAI", "currency": "USD", "source_label": "Appraisal evidence →
year built{"value": 1997}evidence →