property record · Retail
Commercial property
Commercial property in Kincheloe, Chippewa 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 |
|---|---|---|---|---|---|
| 2025-12-31 | 81,914 | 84,447 | 2,533 | 1.94 | evidence → |
| 2025-09-30 | 61,435 | 63,335 | 1,900 | 1.94 | evidence → |
| 2025-06-30 | 40,956 | 42,223 | 1,267 | 1.95 | evidence → |
| 2025-03-31 | 20,479 | 21,112 | 633 | 1.97 | evidence → |
| 2024-12-31 | 81,914 | 84,447 | 2,533 | 1.94 | evidence → |
| 2024-09-30 | 61,435 | 63,335 | 1,900 | 1.94 | evidence → |
| 2024-06-30 | 40,956 | 42,223 | 1,267 | 1.94 | evidence → |
| 2024-03-31 | 20,479 | 21,112 | 633 | 1.95 | evidence → |
| 2023-12-31 | 81,914 | 84,447 | 2,533 | 1.94 | evidence → |
| 2023-09-30 | 61,435 | 63,335 | 1,900 | 1.94 | evidence → |
| 2023-06-30 | 40,956 | 42,223 | 1,267 | 1.94 | evidence → |
| 2023-03-31 | 20,479 | 21,112 | 633 | 1.97 | evidence → |
| 2022-12-31 | 81,914 | 84,447 | 2,533 | 1.94 | evidence → |
| 2022-09-30 | 61,435 | 63,335 | 1,900 | 1.94 | evidence → |
| 2021-06-30 | 40,956 | 42,223 | 1,267 | 1.94 | evidence → |
| 2021-03-31 | 20,481 | 21,112 | 631 | 1.97 | evidence → |
| 2020-12-31 | 81,914 | 84,447 | 2,533 | 1.94 | evidence → |
| 2020-09-30 | 61,441 | 63,335 | 1,894 | 1.94 | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0001812604", "entity_ref": "36a1825e-ee0b-46e9-af60-b05c7dd3e213", "originator": "Ladder Capita | evidence → |
| loan payment status | {"label": "Late Payment But Less Than 30 Days Delinquent", "value": "B", "loan_id": "49"} | evidence → |
| address | {"city": "Kincheloe", "state": "MI", "county": "Chippewa"} | evidence → |
| occupancy | {"basis": "securitization", "value": 1} | evidence → |
| sqft | {"basis": "securitization", "value": 9026} | evidence → |
| status | {"defeased_label": "No Defeasance Occurred", "defeased_status": "N"} | evidence → |
| type | {"label": "Retail", "value": "RT"} | evidence → |
| valuation | {"basis": "securitization", "amount": 1250000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 2019} | evidence → |