Banc of America Commercial Mortgage Trust 2007-4 as of 09/2009: RT DSCR 1.20- 1.30
All data provided by Intex
Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC |
| Address | Subtype | % Pool | Occ. % | DSCR | Originator |
5 |
Sawgrass Mills |
RT |
$132,647,059 (whole: 137,500,000) |
309,821 |
82.9 |
5.820030 % |
| 12801 West Sunrise Boulevard, Sunrise FL 33323 | | 6.0% | 97% | 1.21x (9 mths) | Bank of America |
| | | Tenant | % | Expires | | Wannado | 7 | 05/31/24 | | Burlington Coat Factory | 7 | 12/31/08 | | JC Penney | 7 | 06/30/09 |
|
6 |
Arundel Mills |
RT |
$128,333,334 |
429,970 |
70.0 |
6.140000 % |
| 7000 Arundel Mills Circle, Hanover MD 21076 | | 5.8% | 99% | 1.24x (UW) | Bank of America |
| | | Tenant | % | Expires | | Bass Pro Shops Outdoor | 10 | 10/31/16 | | Muvico Theatres | 8 | 12/31/20 | | Burlington Coat Factory | 6 | 01/31/11 |
|
27 |
Gateway Commerce Center |
RT |
$17,600,000 |
55,148 |
80.0 |
5.602000 % |
| 7478 Limestone Drive, Gainesville VA 20155 | | 0.8% | 95% | 1.23x (6 mths) | Bank of America |
| | | Tenant | % | Expires | | World Gym | 27 | 05/27/15 | | NVR Mortgage | 16 | 03/05/11 | | Long & Foster Real Estate | 10 | 01/18/11 |
|
46 |
USPS - Jamaica Plain |
RT |
$11,500,000 |
24,260 |
61.8 |
5.813000 % |
| 655 Centre Street, Jamaica Plain MA 02130 | | 0.5% | 100% | 1.28x (9 mths) | Bank of America |
| | | Tenant | % | Expires | | USPS | 100 | 04/30/15 | | |
|
83 |
Lemon Grove Shopping Center |
RT |
$5,956,488 |
71,644 |
68.5 |
6.249500 % |
| 3099-3725 Lemon Grove Avenue, Lemon Grove CA 91945 | | 0.3% | 90% | 1.28x (6 mths) | Bank of America |
| | | Tenant | % | Expires | | Henry's Marketplace Inc. | 35 | 02/28/10 | | 99 Cents Store Rite Aid Sublease | 25 | 05/31/09 | | Everything $5 | 16 | 08/04/13 |
|
4C – Tenant> 30% NRA lease expiration, 4D – Top 3 tenants Rollover > 30% NRA. The loan is secured by a 71,640 sf retail property in Lemon Grove, CA built in 1964 and renovated in 1990. The property was inspected 10/30/2008 and rated in good condition. 2Q 6/30/2009 NCF DSCR is 1.28 with occupancy of 90%. YE 2008 NCF DSCR is 1.37 with occupancy of 90%. Rollover pertains to two of the top three tenants whose leases expire within the next six months. Rite Aid (aka 99 Cents Store) occupies 18,036 sf (25.18% NRA) with a lease expiration of 05/31/2009, and Henry\'s Marketplace, Inc. occupies 24,928 sf (34.80% NRA) with a lease expiration of 2/28/2010. Bank of America contacted the borrower who reported that Henry's Marketplace has exercised their option to renew effective 2/28/2010, which will extend their lease through 2015. The 99 Cent Store who currently subleases from Rite Aid is currently operating on a MTM basis, but they intend to execute a lease directly with the borrower. The terms of their lease have not been finalized. Bank of America will continue to monitor the loan.
|
90 |
4401 S. Flamingo Road Retail Center |
RT |
$5,400,000 |
17,941 |
73.0 |
6.335000 % |
| 4401 South Flamingo Road, Davie FL 33330 | | 0.2% | 100% | 1.28x (UW) | Bank of America |
| | | Tenant | % | Expires | | Advance Auto Parts | 41 | 04/30/17 | | SunTrust Bank | 24 | 08/31/25 | | Z-Bikes & Fitness | 14 | 05/14/12 |
|
107 |
Rite Aid - Dunmore, PA |
RT |
$4,110,813 |
11,180 |
73.4 |
6.365000 % |
| 217 South Blakely Street, Dunmore PA 18512 | | 0.2% | 100% | 1.23x (12 mths) | Bank of America |
| | | Tenant | % | Expires | | RITE AID | 100 | 02/22/27 | | |
|
128 |
231 10th Avenue |
RT |
$2,500,319 |
3,649 |
55.6 |
6.615000 % |
| 231 Tenth Avenue, New York NY 10011 | | 0.1% | 100% | 1.24x (9 mths) | Bank of America |
| | | Tenant | % | Expires | | DJT/Robinsons Fine Art Galleries | 100 | 11/18/16 | | |
|