FACTANKER · measured, cited, anchored official records connected

property record · Lodging

1025 Beach Avenue

Commercial property in Cape May, Cape May County, New Jersey. Income, occupancy and loan, each figure linked to the filing it comes from.

TYPE: LodgingSQ FT: 37,242BUILT: 1966Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/fa8b6267-21b0-4792-b2f7-b47483d5937e

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2025-09-306,341,48113,798,5217,457,0402.88evidence →
2025-06-301,599,7437,397,2725,797,5290.73evidence →
2025-03-31-226,819533,264760,083-0.41evidence →
2024-12-313,870,16411,341,3197,471,1551.84evidence →
2024-09-304,736,47012,789,8368,053,3662.37evidence →
2024-06-301,818,6216,659,7824,841,1610.91evidence →
2024-03-31-223,816327,684551,500-0.45evidence →
2023-12-314,312,02511,090,2596,778,2342.16evidence →
2023-09-305,984,74512,971,2076,986,4623.00evidence →
2023-04-304,304,84810,604,7006,299,8521.95evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001972920", "entity_ref": "be20dd06-ebcc-40dc-9660-ab115fd8df08", "originator": "BSPRT CMBS Fievidence →
loan payment status{"label": "Late Payment But Less Than 30 Days Delinquent", "value": "B", "loan_id": "12"}evidence →
address{"zip": "8204", "city": "Cape May", "state": "NJ", "county": "Cape May", "address": "1025 Beach Avenue"}evidence →
occupancy{"basis": "most_recent", "value": 0.9362}evidence →
sqft{"basis": "most_recent", "value": 37242}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": 69}evidence →
valuation{"basis": "securitization", "amount": 42500000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
year built{"value": 1966}evidence →