property record · Retail
2632 Crossing Circle
Commercial property in Traverse City, Grand Traverse County, Michigan. Income, occupancy and loan, each figure linked to the filing it comes from.
Operating income
As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.
| As of | NOI | Revenue | Expenses | DSCR | Source |
|---|---|---|---|---|---|
| 2025-12-31 | 2,581,659 | 3,503,153 | 921,494 | 1.68 | evidence → |
| 2025-06-30 | 1,414,006 | 1,859,116 | 445,110 | 1.84 | evidence → |
| 2024-12-31 | 2,591,422 | 3,498,493 | 907,071 | 1.68 | evidence → |
| 2024-09-30 | 1,939,250 | 2,627,301 | 688,051 | 1.68 | evidence → |
| 2023-12-31 | 2,475,046 | 3,331,832 | 856,786 | 1.61 | evidence → |
| 2023-09-30 | 1,909,504 | 2,519,741 | 610,237 | 1.65 | evidence → |
| 2023-06-30 | 1,311,654 | 1,760,246 | 448,592 | 1.70 | evidence → |
| 2022-12-31 | 2,687,948 | 3,487,747 | 799,800 | 1.74 | evidence → |
| 2022-09-30 | 2,016,471 | 2,674,328 | 657,857 | 1.75 | evidence → |
| 2022-06-30 | 1,409,090 | 1,861,051 | 451,961 | 1.83 | evidence → |
| 2021-12-31 | 2,825,308 | 3,674,729 | 849,421 | 1.83 | evidence → |
| 2021-09-30 | 2,228,211 | 2,820,754 | 592,543 | 1.93 | evidence → |
| 2021-06-30 | 742,051 | 1,148,420 | 406,369 | 0.96 | evidence → |
| 2020-12-31 | 2,644,917 | 3,448,036 | 803,119 | 2.20 | evidence → |
| 2020-09-30 | 1,949,022 | 2,504,452 | 555,430 | 2.16 | evidence → |
| 2020-03-31 | 603,372 | 835,992 | 232,620 | 2.02 | evidence → |
| 2019-02-28 | 2,274,965 | 3,104,380 | 829,415 | 1.48 | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0001780678", "entity_ref": "1db1ec50-4084-490f-80fd-86dc4f6669ee", "originator": "BSPRT CMBS Fi | evidence → |
| loan payment status | {"label": "Current", "value": "0", "loan_id": "12"} | evidence → |
| address | {"zip": "49684", "city": "Traverse City", "state": "MI", "county": "Grand Traverse", "address": "2632 Crossing | evidence → |
| occupancy | {"basis": "most_recent", "value": 1} | evidence → |
| sqft | {"basis": "most_recent", "value": 249196} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_sta | evidence → |
| type | {"label": "Retail", "value": "RT"} | evidence → |
| valuation | {"basis": "securitization", "amount": 34400000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 1996, "renovated": 2015} | evidence → |