property record · Office
11225 North 28th Drive
Commercial property in Phoenix, Maricopa County, Arizona. 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 |
|---|---|---|---|---|---|
| 2025-09-30 | 1,107,397 | 2,209,524 | 1,102,127 | 2.69 | evidence → |
| 2025-06-30 | 1,069,139 | 2,226,836 | 1,157,697 | 2.60 | evidence → |
| 2024-09-30 | 1,150,765 | 2,279,000 | 1,128,235 | 2.84 | evidence → |
| 2024-06-30 | 1,228,960 | 2,298,792 | 1,069,832 | 3.03 | evidence → |
| 2023-06-30 | 1,273,641 | 2,275,292 | 1,001,651 | 3.14 | evidence → |
| 2022-09-30 | 866,241 | 1,844,681 | 978,440 | 2.13 | evidence → |
| 2022-06-30 | 729,105 | 1,745,704 | 1,016,599 | 1.80 | evidence → |
| 2021-09-30 | 518,110 | 1,502,573 | 984,464 | 1.28 | evidence → |
| 2020-09-30 | 569,907 | 1,631,331 | 1,061,423 | 1.40 | evidence → |
| 2020-06-30 | 612,204 | 1,616,230 | 1,004,026 | 1.51 | evidence → |
| 2017-08-31 | 493,079 | 1,412,021 | 918,942 | — | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0001719195", "entity_ref": "769ef174-569e-4898-9746-9d7f9a00a4e5", "originator": "Ladder Capita | evidence → |
| loan payment status | {"label": "Current", "value": "0", "loan_id": "6"} | evidence → |
| address | {"zip": "850290000", "city": "Phoenix", "state": "AZ", "county": "Maricopa", "address": "11225 North 28th Driv | evidence → |
| occupancy | {"basis": "most_recent", "value": 0.8161} | evidence → |
| sqft | {"basis": "most_recent", "value": 135501} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_sta | evidence → |
| type | {"label": "Office", "value": "OF"} | evidence → |
| valuation | {"basis": "securitization", "amount": 9070000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 1982, "renovated": 2011} | evidence → |