ML-CFC Commercial Mortgage Trust 2006-4 as of 08/2009: MX DSCR 0.90- 1.00
All data provided by Intex
Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC | |||||||||||||||||
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Address | Subtype | % Pool | Occ. % | DSCR | Originator | ||||||||||||||||||
180 | Carmel Office Court | MX | $5,575,000 | 53,211 | 77.4 | 6.150000 % | |||||||||||||||||
301 East Carmel Court, Carmel IN 46032 | 0.1% | 82% | 0.94x (UW) | Countrywide Commercial | |||||||||||||||||||
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1Q 2009 DSCR dropped to 0.68 or 57% of UW, primarily due to drop in occupancy to 55%. Property currently has 8 units vacant and the borrower is making all kinds of efforts to lease out those units. Borrower cites that besides the vacant units, the rental |