Banc of America Commercial Mortgage Trust 2007-3 as of 09/2009: RT DSCR 1.40- 1.50
All data provided by Intex
Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC |
| Address | Subtype | % Pool | Occ. % | DSCR | Originator |
58 |
Paradise Place |
RT |
$10,148,501 |
69,619 |
63.4 |
5.447500 % |
| 4065-4086 Haverhill Road, West Palm Beach FL 33417 | | 0.3% | 89% | 1.47x (UW) | Bank of America |
| | | Tenant | % | Expires | | Publix Supermarket -821 | 58 | 06/30/23 | | Wendy's | 22 | 12/31/15 | | Primary care partners | 2 | 03/31/12 |
|
70 |
Fubonn Shopping Center |
RT |
$9,484,269 |
76,356 |
65.4 |
6.014000 % |
| 2850 Southeast 82nd Avenue, Portland OR 97266 | | 0.3% | 91% | 1.41x (UW) | Bank of America |
| | | Tenant | % | Expires | | FUBONN SUPERMARKET LLC | 52 | 12/31/25 | | MALAY SATAY HUT | 6 | 12/31/10 | | PHO SAIGON | 5 | 12/31/15 |
|
86 |
Banco Plaza |
RT |
$7,969,764 |
17,159 |
75.2 |
5.688000 % |
| 4801 West Fullerton, Chicago IL 60639 | | 0.2% | 100% | 1.48x (12 mths) | Bank of America |
| | | Tenant | % | Expires | | Walgreens | 76 | 01/31/81 | | Banco Popular North America | 24 | 11/30/26 | |
|
98 |
Sierra Meadows Plaza |
RT |
$7,300,000 |
50,078 |
67.3 |
6.169000 % |
| 7111 South Virginia Street, Reno NV 89511 | | 0.2% | 100% | 1.45x (UW) | Bank of America |
| | | Tenant | % | Expires | | Reno - Addtional space | 19 | 03/31/15 | | Cantina Los Tres Hombers | 11 | 09/30/08 | | Ciac LLC | 11 | 03/31/16 |
|
1E-DSCR <1.10; 4A-Occupancy<80% of UW; 4D -Tenants expiring. The loan is secured by a 47,850 SF mixed used property located in Portland, ME that was built in 1900 and renovated in 2007. The property was last inspected on 6/24/08 with a Good Rating. The 1Q09 NCF DSCR was 0.83 with occupancy of 70%. The YE 2008 NCF DSCR was 1.10 with occupancy at 78.75%. The underwritten physical occupancy was 100% although a 5% vacancy was taken at underwriting. Therefore there is a 21.25% difference in UW and present occupancy. DSCR has lowered due to occupancy being down due to a tenant with 4,300 SF/9% NRA vacating prior to their lease expiration. One tenant with 7,900 SF/ 15% NRA left early. The second largest tenant (6,912 SF) renewed their lease for two years and lease expires 4/2011. Per the latest rent roll of 3/31/09 the average annual rental rate is $17.81/SF. The Primary Servicer has been contacted for the updated financials to confirm the latest occupancy and leasing. Bank of America will continue to monitor this loan.
|
114 |
1701 Lake Robbins Drive |
RT |
$4,600,000 |
12,375 |
78.6 |
5.807000 % |
| 1701 Lake Robbins Drive, The Woodlands TX 77380 | | 0.1% | | 1.42x (9 mths) | Eurohypo AG |
| | | Tenant | % | Expires | | FIDELITY BROKERAGE SERVICES | 64 | 09/30/18 | | TACO MILAGRO-WOODLANDS LLC | 36 | 09/30/18 | |
|
130 |
Briarwood Shopping Village |
RT |
$3,900,000 |
22,784 |
79.6 |
5.852000 % |
| 2450-2452 Kuser Road, Hamilton Township NJ 08690 | | 0.1% | 100% | 1.44x (12 mths) | Bank of America |
| | | Tenant | % | Expires | | Vittorio's | 18 | 08/31/10 | | Back Care Professionals | 12 | 10/31/11 | | Hamilton Tae Kwan Do | 10 | 08/31/10 |
|