Banc of America Commercial Mortgage Trust 2007-2 as of 09/2009: OF DSCR 1.50- 1.60
All data provided by Intex
Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC |
| Address | Subtype | % Pool | Occ. % | DSCR | Originator |
29 |
Barr Building |
OF |
$21,000,000 |
93,913 |
66.0 |
5.518000 % |
Gasping for air | 910 17th Street, NW, Washington DC 20006 | | 0.7% | 99% | 1.55x (UW) | Bank of America |
| | | Tenant | % | Expires | | LAWYERS CHOICE SUITES | 18 | 12/31/13 | | SELF HELP VENTURES FUND | 9 | 08/31/19 | | RUST INSURANCE AGENCY | 9 | 02/28/15 |
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08/31/09 The subject is a 258 apartment complex located in Las Vegas, Nevada. The loan was transferered to SS on 6/10/08 due to non-payment resulting from deteriorating marklet conditions. The property was 94% occupied as of 6/22/09. A foreclosre action is in process and a receiver is in place. The receiver has listed the property for sale with Hendricks and Partners. The receiver has yet to receive an offer it deems acceptable. The foreclosure sale is now schedueld for 11/16/09.
|
32 |
Buffets Headquarters |
OF |
$19,408,394 |
99,341 |
58.3 |
5.628000 % |
Past Due | 1460 Buffets Way, Eagan MN 55121 | | 0.6% | 100% | 1.57x (12 mths) | Bank of America |
| | | Tenant | % | Expires | | Buffets Holdings Inc. | 100 | 09/30/20 | | |
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08/31/09 The property is a 99,342sf single tenant office building located in Eagan, MN. The single tenant, Buffets, continues to perform under the modified lease and the loan remains current. However, the tenant has given notice that they will not exercise its option to extend beyond the 12/31/09 lease expiration date. The borrower has been marketing the property for sale or lease, but has no intention of supporting the loan beyond Buffet\'s lease term. An appraisal has been ordered.
|
140 |
3485 Brookside Road |
OF |
$3,281,328 |
17,228 |
58.2 |
6.183000 % |
| 3485 Brookside Road, Stockton CA 95219 | | 0.1% | 100% | 1.50x (12 mths) | Bridger |
| | | Tenant | % | Expires | | U.S. TELEPACIFIC CORPORATION | 76 | 08/01/13 | | REEVES & CREEVAN DMD | 25 | 12/15/16 | |
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