property record · Multifamily
225 SPINNAKER DRIVE
Commercial property in Lansing, Eaton 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 |
|---|---|---|---|---|---|
| 2026-06-30 | 568,780 | 915,509 | 346,729 | 1.58 | evidence → |
| 2026-03-31 | 278,115 | 452,980 | 174,865 | 1.56 | evidence → |
| 2025-12-31 | 997,521 | 1,744,520 | 746,999 | 1.38 | evidence → |
| 2025-09-30 | 779,353 | 1,301,262 | 521,909 | 1.44 | evidence → |
| 2025-06-30 | 515,176 | 854,026 | 338,850 | 1.43 | evidence → |
| 2025-03-31 | 247,152 | 424,438 | 177,286 | 1.39 | evidence → |
| 2024-09-30 | 982,549 | 1,686,534 | 703,985 | — | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0002044614", "entity_ref": "77d28cdf-6634-4f47-8084-2332b9398106", "trust_name": "BMO 2024-5C8 | evidence → |
| address | {"zip": "48917", "city": "Lansing", "state": "MI", "county": "Eaton", "address": "225 SPINNAKER DRIVE"} | evidence → |
| occupancy | {"basis": "most_recent", "value": 0.94} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6"} | evidence → |
| type | {"label": "Multifamily", "value": "MF"} | evidence → |
| units | {"basis": "most_recent", "value": 100} | evidence → |
| valuation | {"basis": "securitization", "amount": 17200000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 1980, "renovated": 2019} | evidence → |