Banc of America Commercial Mortgage Inc. Series 2005-4 as of 08/2009: RT occupancy 90- 99
All data provided by Intex
Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC |
| Address | Subtype | % Pool | Occ. % | DSCR | Originator |
4 |
Peachtree Mall |
RT |
$89,589,904 |
497,307 |
72.0 |
5.080000 % |
| 3131 Manchester Expressway, Columbus GA 31909 | | 5.8% | 97% | 1.41x (UW) | Bank of America |
| | | Tenant | % | Expires | | Macy's | 26 | 09/01/22 | | JC Penney | 15 | 11/30/14 | | Peachtree 8 | 5 | 12/31/13 |
|
Loan transferred to SS on 4/20/09 due to bankruptcy of several GGP entities. DIP and Cash Collateral orders have been approved. We will receive interest only. Appraisals have been ordered, but delayed due to lack of cooperation by borrowers. We are closely monitoring all bankruptcy pleadings. Loan remains current under Interest Only structure ordered by court.
|
10 |
Barceloneta Outlet Center |
RT |
$35,250,000 |
176,214 |
64.1 |
4.694000 % |
| 1 Prime Outlets Boulevard, Barceloneta PR 00617 | | 2.3% | 98% | 3.08x (9 mths) | Bank of America |
| | | Tenant | % | Expires | | Liz Claiborne -30800 | 7 | 06/30/29 | | Reebok/Rockport -147 | 6 | 06/30/10 | | Polo Ralph Lauren -97 | 5 | 06/30/10 |
|
14 |
Beltway Plaza I & II |
RT |
$18,600,000 |
85,844 |
74.4 |
5.250000 % |
| 9302-9340 S. Eastern Avenue, Hendersen NV 89052 | | 1.2% | 95% | 1.78x (UW) | Bank of America |
| | | Tenant | % | Expires | | Gold's Gym | 35 | 10/31/13 | | Beauty World | 7 | 11/30/14 | | Denny's | 6 | 07/31/19 |
|
36 |
Shops at Metropolis |
RT |
$10,143,865 |
39,008 |
73.8 |
5.098000 % |
| 933 Peachtree Street, Atlanta GA 30309 | | 0.7% | 95% | 1.44x (12 mths) | Bank of America |
| | | Tenant | % | Expires | | Metropolis Mac | 20 | 12/31/17 | | Pacific Grill Incorporated | 13 | 05/01/14 | | Forward Enterprises Incorporated | 10 | 05/31/11 |
|
37 |
Northpark Plaza I & II |
RT |
$10,400,000 |
54,892 |
74.3 |
5.250000 % |
| 10335-10355 Federal Blvd, Westminster CO 80260 | | 0.7% | 91% | 1.54x (UW) | Bank of America |
| | | Tenant | % | Expires | | Amy's Cards | 10 | 02/28/10 | | North park liquors | 8 | 11/30/12 | | WENDY'S | 6 | 12/31/12 |
|
46 |
Big Lots Center-In Line Shops |
RT |
$3,943,254 |
19,699 |
62.4 |
4.950000 % |
| 404-530 Camino de Estrella, San Clemente CA 92672 | | 0.3% | 99% | 1.89x (12 mths) | Bank of America |
| | | Tenant | % | Expires | | Blue Echo | 15 | 10/31/12 | | Joy's Christian Store | 14 | 05/31/10 | | Bob's Liquor | 12 | 06/30/11 |
|
22 |
East Norriton Shopping Center |
RT |
$14,782,757 |
120,705 |
75.5 |
5.220000 % |
| 23 West Germantown Pike, East Norriton PA 19401 | | 1.0% | 98% | 1.93x (6 mths) | Bear Stearns |
| | | Tenant | % | Expires | | Genuardi Supermarkets Incorporated | 49 | 02/28/19 | | Staples Store -0249 | 20 | 03/31/14 | | Rental Care Group East Inc | 9 | 02/28/13 |
|
33 |
Ballard Plaza |
RT |
$12,700,000 |
90,876 |
80.0 |
5.051000 % |
| 8930 Greenwood Avenue, Niles IL 60714 | | 0.8% | 97% | 1.34x (UW) | Bear Stearns |
| | | Tenant | % | Expires | | Dominicks | 73 | 02/28/17 | | Blockbuster | 7 | 09/30/13 | | LBNA - Ground Lease | 5 | 02/28/14 |
|
4F- major tenant space is dark. The loan is secured by a 92,176 sf retail property in Niles, IL built in 1992. The property was inspected on 09/23/08; rated in Good condition. The Q1-2009 NCF DSCR is 2.68 with an occ of 97%. Loan has been placed on the watchlist due to Dominck\''s, who leases 66,769 sf or 73.47% NRA and is wholly owned by Safeway,Inc., space is dark as of May 2007. Per Borrower, Dominick''s continues to make rental payments pursuant to their lease. Per Borrower, Dominick''s asking rate for the sub-lease of the space is $6-$7 NNN. Per Borrower, if this space was a direct lease the market rate would be $9 PSF/NNN. Borrower further stated that Dominick''s has hired a broker who is actively marketing the space. As of April 2009, there are no prospects for the former Domnick''s space. Bank of America will continue to monitor the loan.
|
16 |
Park Place Shopping Center |
RT |
$16,961,410 |
250,168 |
72.2 |
5.260000 % |
| 5500 Milan Road, Sandusky OH 44870 | | 1.1% | 91% | 1.24x (12 mths) | Bridger |
| | | Tenant | % | Expires | | LOWE'S | 38 | 07/31/15 | | CINEMARK MOVIES | 12 | 11/30/10 | | STAPLES | 11 | 02/28/12 |
|
56 |
Arcadia Plaza |
RT |
$7,057,764 |
63,635 |
74.4 |
5.530000 % |
| 2808, 2824, 2830 & 2836 East Indian School Road, Phoenix AZ 85016 | | 0.5% | 95% | 1.59x (12 mths) | Bridger |
| | | Tenant | % | Expires | | Sprouts | 51 | 12/31/19 | | McKennas | 9 | 06/30/18 | | PWS spin Cycle | 6 | 05/31/18 |
|
59 |
Northgate Center - Orlando |
RT |
$6,625,684 |
123,844 |
73.6 |
5.658000 % |
| 5011-5287 Edgewater Drive and 5235 Satel Drive, Orlando FL 32810 | | 0.4% | 95% | 1.44x (6 mths) | Bridger |
| | | Tenant | % | Expires | | Woo Sung Oriental Grocery & Video | 19 | 11/30/14 | | US post office | 14 | 01/14/16 | | IFREC | 11 | 04/15/11 |
|