ML-CFC Commercial Mortgage Trust 2006-4 as of 08/2009: HT DSCR 0.90- 1.00
All data provided by Intex
Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC | |
---|---|---|---|---|---|---|---|
Address | Subtype | % Pool | Occ. % | DSCR | Originator | ||
210 | Comfort Inn - Tempe, AZ | HT | $3,685,726 | 72 | 67.0 | 6.600000 % | |
1031 East Apache Boulevard, Tempe AZ 85281 | 0.1% | 62% | 0.98x (9 mths) | Countrywide Commercial | |||
The loan is delinguent; last payment was made on 6/8/09. The occupancy in 2Q 09 dropped to 61%. As a result, DSCR remained low at 0.95. Previous notes: A slow down in business traveling has hurt the revenue for this property. The avergae room rate dropped from $90 in 2007 to $82 in 2008. |