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property record · Securities (Defeasance-Sicherheiten)

409 School Ave

Commercial property in Panama City, Bay County, Florida. Income, occupancy and loan, each figure linked to the filing it comes from.

TYPE: Securities (Defeasance-Sicherheiten)BUILT: 1974Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/8a774c4d-d1db-463a-82a9-0ee0d559b559

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2025-09-30232,915338,415105,4991.93evidence →
2025-06-30168,621298,100129,4792.76evidence →
2024-12-31143,163272,182129,0182.35evidence →
2024-09-30142,075266,402124,3282.33evidence →
2024-06-30138,667260,939122,2722.27evidence →
2023-12-3149,775273,962224,1870.41evidence →
2023-09-3087,687231,187143,5001.44evidence →
2023-06-3090,842196,148105,3061.49evidence →
2022-12-3180,122193,598113,4771.31evidence →
2022-06-30169,985243,07773,0921.41evidence →
2021-12-3150,33588,65138,3171.65evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001891818", "entity_ref": "fc08b1a4-477f-4d51-8187-71050c4b9ef1", "originator": "KeyBank", "trevidence →
loan payment status{"label": "30-59 Days Delinquent", "value": "1", "loan_id": "45"}evidence →
address{"zip": "32401", "city": "Panama City", "state": "FL", "county": "BAY", "address": "409 School Ave"}evidence →
occupancy{"basis": "most_recent", "value": 0.5783}evidence →
sqft{"basis": "most_recent", "value": 0}evidence →
status{"label": "Defeased", "value": "3", "defeased_label": "Full Defeasance", "defeased_status": "F"}evidence →
type{"label": "Securities (Defeasance-Sicherheiten)", "value": "SE"}evidence →
units{"basis": "most_recent", "value": 83}evidence →
valuation{"basis": "securitization", "amount": 1330000, "currency": "USD"}evidence →
valuation{"basis": "securitization", "amount": 1675000, "currency": "USD"}evidence →
valuation{"basis": "securitization", "amount": 3160000, "currency": "USD"}evidence →
valuation{"basis": "securitization", "amount": 1600000, "currency": "USD"}evidence →
year built{"value": 1974}evidence →