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property record · Industrial

5350 Kraft Avenue Southeast

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

TYPE: IndustrialSQ FT: 28,070BUILT: 2003Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/d6780f2d-0fda-4251-aefc-0716c600627a

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2026-03-3152,66069,73817,0782.31evidence →
2025-06-30202,825277,16474,3392.17evidence →
2025-03-3150,70669,29118,5852.17evidence →
2024-09-30201,074275,29974,2241.99evidence →
2024-03-3150,09268,38918,2972.10evidence →
2023-06-30173,458261,79888,3401.81evidence →
2022-09-30174,152260,12085,9681.82evidence →
2022-06-30174,505260,11285,6071.83evidence →
2022-03-3143,51065,02821,5181.82evidence →
2021-09-30122,682208,31385,6321.28evidence →
2021-06-30131,165214,84083,6751.37evidence →
2021-03-3142,45864,59322,1351.78evidence →
2020-12-31188,655258,17369,5181.97evidence →
2020-09-30211,527302,98491,4572.21evidence →
2020-06-30188,721257,80069,0791.97evidence →
2020-03-31188,683258,52469,8411.97evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001772527", "entity_ref": "f106b170-3819-4a38-b724-6920b29b0c2a", "originator": "Societe Generevidence →
loan payment status{"label": "Payment Not Received But Still in Grace Period", "value": "A", "loan_id": "3"}evidence →
address{"zip": "49512", "city": "Grand Rapids", "state": "MI", "county": "Kent", "address": "5350 Kraft Avenue Southeevidence →
occupancy{"basis": "most_recent", "value": 1}evidence →
sqft{"basis": "most_recent", "value": 28070}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "Defeasance not Allowable", "defeased_sevidence →
type{"label": "Industrial", "value": "IN"}evidence →
valuation{"basis": "securitization", "amount": 3200000, "source": "MAI", "currency": "USD", "source_label": "Appraisal evidence →
year built{"value": 2003}evidence →