ML-CFC Commercial Mortgage Trust 2006-4 as of 08/2009: MF DSCR 0.20- 0.30
All data provided by Intex
Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC | |
---|---|---|---|---|---|---|---|
Address | Subtype | % Pool | Occ. % | DSCR | Originator | ||
170 | Canyon Walk Apartments | MF | $5,925,000 | 166 | 69.3 | 6.290000 % | |
1502 West Glendale Avenue, Phoenix AZ 85021 | 0.1% | 78% | 0.22x (UW) | Countrywide Commercial | |||
2Q 2009 DSCR dropped to 0.05 which was 4% of the UW level. Annualized 2Q 09 EGI was 75% of the UW level. Borrower is struggling to lease up this property located in Phoenix Arizona. Borrower had hope that 2008 would be better they\'ve struggled to fill up |