Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC |
| Address | Subtype | % Pool | Occ. % | DSCR | Originator |
77 |
Lodi City Center |
RT |
$5,730,000 |
49,571 |
40.9 |
6.680000 % |
| 109 North School Street, Lodi CA 95240 | | 0.3% | 97% | 2.28x (12 mths) | Citigroup Global Markets |
| | | Tenant | % | Expires | | LODI STADIUM | 83 | 07/31/26 | | TERIYAKI TIME | 3 | 06/30/13 | | STARBUCKS CORPORATION | 3 | 05/31/14 |
|
86 |
Wharton Mall |
RT |
$5,089,107 |
45,208 |
72.7 |
5.950000 % |
| 350 North Main Street, Wharton NJ 07885 | | 0.2% | 100% | 1.05x (12 mths) | Citigroup Global Markets |
| | | Tenant | % | Expires | | RITE AID CORPORATION | 29 | 12/12/11 | | WHARTON FARMS | 27 | 04/30/23 | | MING COURT BUFFET | 15 | 09/30/12 |
|
1E - DSCR Below Threshold. This loan is secured by a 45,207 sf retail center built in 1973 and renovated in 2000. The DSCR and occupancy for the year ended 12/31/08 and 12/31/07 were 1.05x and 100% and 1.14x and 100%, respectively. On 06/30/09 the borrower stated occupancy is 100%. The borrower also stated that the DSCR decrease is due to a new tenant moving in early in 2008 and not paying rent. They are now paying and the DSCR will improve. The property is marketed in house. The property was last inspected on 01/23/09 and received a rating of good. Capmark will continue to monitor the loan.
|
115 |
Borders Books & Music - Bowie |
RT |
$3,810,875 |
25,124 |
65.1 |
6.290000 % |
| 4420 Mitchellville Road, Bowie MD 20716 | | 0.2% | 100% | 1.21x (12 mths) | Suntrust |
| | | Tenant | % | Expires | | Borders, Inc. | 100.00 | 01/31/19 | | |
|
120 |
Starbucks Center South |
RT |
$3,526,019 |
12,697 |
62.1 |
5.970000 % |
| 18012 West Valley Highway and 18016 71st Avenue South, Kent WA 98032 | | 0.2% | 100% | 1.15x (UW) | Artesia |
| | | Tenant | % | Expires | | America Mattress | 23.63 | 12/16/14 | | Starbucks | 14.18 | 10/01/17 | | Hawaiian BBQ | 11.83 | 09/30/17 |
|
141 |
Shoppes of Crabapple |
RT |
$2,638,500 |
8,362 |
68.5 |
6.740000 % |
| 12330 Crabapple Road, Roswell GA 30075 | | 0.1% | 86% | 1.29x (6 mths) | Artesia |
| | | Tenant | % | Expires | | Starbucks Corporation | 25.11 | 02/28/17 | | FedEx Kinko's | 19.73 | 10/31/11 | | Stefan Boros (Master Lease) | 19.13 | 09/30/10 |
|
08/11/09: Q2 2009 financial reports have been received and are being reviewed by servicer.
|
144 |
Office Depot - El Dorado, AR |
RT |
$2,333,101 |
25,046 |
66.6 |
6.350000 % |
| 1601 North West Avenue, El Dorado AR 71730 | | 0.1% | 100% | 1.31x (9 mths) | Artesia |
| | | Tenant | % | Expires | | Office Depot | 100.00 | 04/30/15 | | |
|
146 |
Office Depot - Palestine, TX |
RT |
$2,304,210 |
25,018 |
64.0 |
6.350000 % |
| 2117 South Loop 256, Palestine TX 75801 | | 0.1% | 100% | 1.09x (9 mths) | Artesia |
| | | Tenant | % | Expires | | Office Depot | 100.00 | 01/31/16 | | |
|
159 |
Richmond Street Studios |
MX |
$1,174,968 |
8,042 |
67.1 |
6.530000 % |
| 117 Richmond Drive Southeast, Albuquerque NM 87106 | | 0.1% | 100% | 0.92x (9 mths) | Artesia |
| | | Tenant | % | Expires | | Marsha Gonzales, XX-PAC | 13.03 | 06/30/10 | | Breaking Bad Productions | 12.70 | 02/01/08 | | Azin Mehrnoosh, Hi-Def | 12.70 | 04/30/08 |
|
07/07/09: The loan was structured with an earnout of $100,000. The DSCR of 0.96x is based on the 12/31/2008 income statement is below the underwritten 1.31x that was reported on the Annex A due to i) expenses that are greater than underwritten and ii) the UW 1.31x DSCR was calculated by reducing the outstanding loan amount by $100,000 securing the mortgage loan. If the $100,000 holdback were to be reduced from the outstanding loan amount, the 12/31/2008 operating statement produces a 1.12x DSCR. Borrower has leased up the property to 100% with annual base rents of $173,424 or 27% higher than the UW. 1st qtr financials have been received and are currently under review.
|
160 |
Stamey Plaza |
RT |
$1,172,471 |
4,849 |
53.3 |
6.091000 % |
| 2702-2706 North Prospect Avenue, Champaign IL 61822 | | 0.1% | 100% | 1.36x (9 mths) | Citigroup Global Markets |
| | | Tenant | % | Expires | | STARBUCKS CORPORATION | 40 | 06/30/16 | | IPCS WIRELESS INC | 39 | 08/31/11 | | H & R BLOCK | 22 | 04/30/11 |
|