ML-CFC Commercial Mortgage Trust 2006-4 as of 08/2009: MF DSCR 0.40- 0.50
All data provided by Intex
Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC | |
---|---|---|---|---|---|---|---|
Address | Subtype | % Pool | Occ. % | DSCR | Originator | ||
276 | Fairways Apartments | MF | $905,087 | 30 | 72.4 | 6.370000 % | |
1237 38th Street South, Birmingham AL 35222 | 0.0% | 97% | 0.45x (UW) | Countrywide Commercial | |||
While the occupancy remained at 97% in 1Q 09, the property demonstrated a stronger performance than in 2008. While annualized Egi was 91% of the UW level, reduction in expenses allowed for DSCR of 1.28, which is in line with the UW level. Unless the prope |