property record · Lodging
4747 28th Street Southeast
Commercial property in Grand Rapids, Kent 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 |
|---|---|---|---|---|---|
| 2024-06-30 | -1,005,746 | 5,252,774 | 6,258,520 | -0.86 | evidence → |
| 2023-06-30 | -19,978 | 6,219,552 | 6,239,530 | -0.02 | evidence → |
| 2022-12-31 | 109,627 | 5,990,632 | 5,881,005 | 0.11 | evidence → |
| 2022-09-30 | 71,723 | 5,801,796 | 5,730,073 | 0.08 | evidence → |
| 2022-06-30 | -32,287 | 5,161,330 | 5,193,617 | -0.03 | evidence → |
| 2021-12-31 | -360,520 | 3,776,020 | 4,136,540 | -0.38 | evidence → |
| 2021-09-30 | -219,101 | 2,694,186 | 2,913,287 | -0.15 | evidence → |
| 2021-06-30 | -666,273 | 2,514,114 | 3,180,387 | -0.71 | evidence → |
| 2020-12-31 | -882,561 | 2,754,317 | 3,636,878 | -0.94 | evidence → |
| 2020-06-30 | 7,461 | 5,820,821 | 5,813,360 | 0.01 | evidence → |
| 2020-03-31 | 1,190,567 | 8,184,047 | 6,993,480 | 1.28 | evidence → |
| 2019-12-31 | 1,682,028 | 8,743,027 | 7,060,999 | 1.81 | evidence → |
| 2019-09-30 | 1,675,486 | 8,843,450 | 7,167,964 | 1.80 | evidence → |
| 2019-06-30 | 1,909,353 | 9,053,644 | 7,144,291 | 2.05 | evidence → |
| 2018-12-31 | 2,001,693 | 8,917,933 | 6,916,240 | 2.15 | evidence → |
| 2018-09-30 | 1,323,663 | 6,986,478 | 5,662,815 | 1.90 | evidence → |
| 2018-02-28 | 1,825,634 | 9,107,931 | 7,282,297 | — | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0001740849", "entity_ref": "21174bf8-2762-45d5-9366-8725c2bb92d5", "trust_name": "Benchmark 201 | evidence → |
| address | {"zip": "49512", "city": "Grand Rapids", "state": "MI", "county": "Kent", "address": "4747 28th Street Southea | evidence → |
| occupancy | {"basis": "most_recent", "value": 0.54} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6"} | evidence → |
| type | {"label": "Lodging", "value": "LO"} | evidence → |
| units | {"basis": "most_recent", "value": 226} | evidence → |
| valuation | {"basis": "most_recent", "amount": 9900000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (MA | evidence → |
| valuation | {"basis": "most_recent", "amount": 12400000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (M | evidence → |
| valuation | {"basis": "most_recent", "amount": 13500000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (M | evidence → |
| valuation | {"basis": "most_recent", "amount": 13900000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (M | evidence → |
| valuation | {"basis": "most_recent", "amount": 13100000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (M | evidence → |
| valuation | {"basis": "most_recent", "amount": 12400000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (M | evidence → |
| valuation | {"basis": "securitization", "amount": 28000000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 1979, "renovated": 2015} | evidence → |