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property record · Retail

3195 28th Street Southeast

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

TYPE: RetailSQ FT: 563,041BUILT: 1968Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/8e87b137-a9d9-4945-98b7-71d418347c1b

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2025-09-3012,640,79122,393,7369,752,9452.12evidence →
2025-06-3012,476,34822,121,2149,644,8662.10evidence →
2024-08-3112,020,35322,431,49110,411,1382.02evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0002049534", "entity_ref": "28b03157-2057-47be-a673-656c8001267c", "originator": "Starwood Mortevidence →
loan payment status{"label": "Late Payment But Less Than 30 Days Delinquent", "value": "B", "loan_id": "9"}evidence →
address{"zip": "49512", "city": "Kentwood", "state": "MI", "county": "Kent", "address": "3195 28th Street Southeast"}evidence →
occupancy{"basis": "most_recent", "value": 0.9802}evidence →
sqft{"basis": "securitization", "value": 563041}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_staevidence →
type{"label": "Retail", "value": "RT"}evidence →
valuation{"basis": "securitization", "amount": 151000000, "source": "MAI", "currency": "USD", "source_label": "Appraisaevidence →
year built{"value": 1968, "renovated": 2019}evidence →