106 |
South 75 Center |
IN |
$2,646,742 |
44,852 |
64.6 |
5.300000 % |
Past Due | 200-250 Business Center Drive, Stockbridge GA 30281 | | 0.2% | 93% | 1.84x (9 mths) | Bridger |
| | | Tenant | % | Expires | | VIAR ENTERPRISES DBA | 56 | 12/31/13 | | HEALTHFILED INC | 16 | 09/30/12 | | HELATHFIELD HOSPICE | 12 | 07/31/10 |
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Loan transferred to SS November, 2008 due to bankruptcy of Master tenant in TIC structure (DBSI). Fee owners of real estate are not in bankruptcy. All of the DBSI properties managed by ORIX have been extracted from the bankruptcy. All of the TIC owners have identified a new property management company. We are actively negotiating the reinstatement of the loans. Reinstatement terms for Friar\'s Branch have been aprpoved and should close imminently. Lincoln Park business plan is now being drafted.
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