Banc of America Commercial Mortgage Inc. Series 2005-4 as of 08/2009: RT DSCR 1.30- 1.40
All data provided by Intex
Id Name/ Type/ Bal GLA/Units LTV WAC
Address Subtype % Pool Occ. % DSCR Originator
75 308-312 East Betteravia Road RT $4,371,379 58,881 59.1 5.172000 %
308-312 East Betteravia Road, Santa Maria CA 93454 0.3% 100% 1.37x (UW) Bank of America
Tenant % Expires
99 Cents Only Stores5112/31/12
Ross Stores Incorporation5001/31/14
103 CVS - Lake Worth RT $2,764,660 12,739 69.1 5.417000 %
7534 Lake Worth Road, Lake Worth FL 33467 0.2% 100% 1.30x (UW) Bank of America
Tenant % Expires
Holiday CVS LLC10007/31/20
23 ACV VI Portfolio RT $15,150,000 208,018 71.8 5.336000 %
Gasping for air 9460 E. Golf Links Rd., Tucson AZ 85730
Gasping for air 5246 E. Brown Road, Mesa AZ 85205
Gasping for air 725 W. Baseline Road, Tempe AZ 85283
Gasping for air 1675 W. Valencia Road, Tucson AZ 85746
Gasping for air 1988 N. Alma School Road, Chandler AZ 85224 1.0% 100% 1.30x (UW) Bear Stearns
Tenant % Expires
Big lots10001/31/14
2C - Servicing trigger event and 6a - Major tenant < 30% NRA bankruptcy. The loan is secured by five retail properties in Arizona. Alta Mesa Plaza is in Mesa, AZ, Pepperwood Plaza is in Tempe, AZ, Midvale Park Center and Rincon Plaza are in Tucson, AZ, and Warner Plaza is in Chandler, AZ. The properties were inspected in 08/2008; rated in Good condition. The consolidated YE 2008 NCF DSCR is 1.24 with an occ of 100%. The loan has been placed on the watchlist due to the July 2009 annoucement that Basha\''s Supermarket (Basha''s) has filed Ch. 11. Basha''s occupies 100% NRA at Peppewood plaza with a lease expiring on 02/29/2024. The subject property was not on the Basha''s store closing list. Bwr also confirmed on 07/09/09 that to date, they have not received any notification from Basha''s that the store at the subject property will be closing. Additionally, due to the bankruptcy of Basha''s, a servicing trigger event has occurred, and the loan will now become cash managed. Servicer is in process of implementing the cash management of the loan. Bank of America will continue to monitor the loan.
31 Montgomery Towne Square RT $13,350,595 100,124 77.1 5.148000 %
99-139 Hawkins Drive, Montgomery NY 12549 0.9% 100% 1.39x (12 mths) Bear Stearns
Tenant % Expires
SHOPRITE SUPERMARKET9911/09/25
33 Ballard Plaza RT $12,700,000 90,876 80.0 5.051000 %
8930 Greenwood Avenue, Niles IL 60714 0.8% 97% 1.34x (UW) Bear Stearns
Tenant % Expires
Dominicks7302/28/17
Blockbuster709/30/13
LBNA - Ground Lease502/28/14
4F- major tenant space is dark. The loan is secured by a 92,176 sf retail property in Niles, IL built in 1992. The property was inspected on 09/23/08; rated in Good condition. The Q1-2009 NCF DSCR is 2.68 with an occ of 97%. Loan has been placed on the watchlist due to Dominck\''s, who leases 66,769 sf or 73.47% NRA and is wholly owned by Safeway,Inc., space is dark as of May 2007. Per Borrower, Dominick''s continues to make rental payments pursuant to their lease. Per Borrower, Dominick''s asking rate for the sub-lease of the space is $6-$7 NNN. Per Borrower, if this space was a direct lease the market rate would be $9 PSF/NNN. Borrower further stated that Dominick''s has hired a broker who is actively marketing the space. As of April 2009, there are no prospects for the former Domnick''s space. Bank of America will continue to monitor the loan.
61 McDonald Retail Portfolio RT $5,794,973 20,087 70.7 5.913000 %
102 & 104 South Samish Way, Bellingham WA 98225
2756 NE 45th Street, Seattle WA 98105
8014 Lake City Way NE, Seattle WA 98115 0.4% 100% 1.35x (9 mths) Bridger
Tenant % Expires
Secret Sun2206/30/13
ACE CLEANERS1804/14/14
HIMITSU TERIYAKI1604/14/09
92 Lake Stevens Station 3 RT $3,497,350 17,829 76.4 5.230000 %
25 95th Drive NE, Lake Stevens WA 98258 0.2% 87% 1.30x (12 mths) Bridger
Tenant % Expires
ANYTIME FITNESS3303/31/14
LUCKY DRAGON INC1304/30/13
DINNERS READY1311/30/10
107 Bridge Pointe Plaza RT $2,584,497 14,727 71.8 5.692000 %
Past Due 3725 Sixes Road, Canton GA 30114 0.2% 69% 1.30x (UW) Bridger
Tenant % Expires
RAINBOW ASIA RESTAURANT1511/30/09
BIO-TECH CLEANERS1412/31/09
JUSTINA'S1012/31/09