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property record · Lodging

1120 Ledsome Lane

Commercial property in Cary, Wake County, North Carolina. Income, occupancy and loan, each figure linked to the filing it comes from.

TYPE: LodgingSQ FT: 12,519BUILT: 2017Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/9be48444-2115-41cf-b39f-54281ef2330e

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2024-06-30954,1771,238,374284,1971.37evidence →
2023-09-30941,0281,183,965242,9371.35evidence →
2022-09-30876,2241,144,512268,2881.25evidence →
2021-06-30829,6181,020,044190,4261.19evidence →
2021-03-31203,331263,72260,3911.16evidence →
2020-12-31590,240878,052287,8110.84evidence →
2019-09-301,028,3541,553,085524,7301.47evidence →
2019-03-311,580,0773,518,1001,938,0232.03evidence →
2018-12-31985,9881,286,334300,3461.41evidence →
2018-12-31982,8591,244,508261,6491.41evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001778749", "entity_ref": "6e445c12-46f6-44f4-b5c9-6a8524f5af1c", "originator": "AREF", "trustevidence →
loan payment status{"label": "60-89 Days Delinquent", "value": "2", "loan_id": "21"}evidence →
address{"zip": "27511", "city": "Cary", "state": "NC", "county": "Wake", "address": "1120 Ledsome Lane"}evidence →
occupancy{"basis": "most_recent", "value": 0.7349}evidence →
sqft{"basis": "securitization", "value": 12519}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_staevidence →
type{"label": "Lodging", "value": "LO"}evidence →
units{"basis": "most_recent", "value": 108}evidence →
valuation{"basis": "most_recent", "amount": 10500000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (Mevidence →
valuation{"basis": "securitization", "amount": 16400000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
valuation{"basis": "securitization", "amount": 19000000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
year built{"value": 2017}evidence →