Metro area
Ann Arbor CMBS loans
The Ann Arbor, MI metro has 29 loans in public CMBS trusts with $420.9M outstanding. 0.0% of the balance is with a special servicer and 0.0% is delinquent. 5 loans ($83.2M) mature by the end of 2027.
By property type
| Type | Loans | Balance | Special servicing |
|---|---|---|---|
| Multifamily | 8 | $148.3M | 0.0% |
| Office | 5 | $100.1M | 0.0% |
| Retail | 7 | $58.9M | 0.0% |
| Hotel | 2 | $41.3M | 0.0% |
| Other | 1 | $30.0M | 0.0% |
| Self storage | 2 | $18.5M | 0.0% |
| Mixed use | 3 | $13.6M | 0.0% |
| Industrial | 1 | $10.4M | 0.0% |
Due in the next 12 months
Loans in Ann Arbor
All 29, largest first.
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 777 East Eisenhower | Ann Arbor, MI | Office | $40.4M | 4.08% | Sep 2029 | 1.73x | 94% | Current |
| Spicetree Apartments | Ann Arbor, MI | Multifamily | $39.6M | 4.315% | Dec 2027 | 2.18x | 90% | Current |
| Carleton | Ann Arbor, MI | Multifamily | $33.1M | 5.01% | Jun 2027 | n/a | n/a | Current |
| Blackbird Portfolio | Ann Arbor, MI | Other | $30.0M | 7.92% | Dec 2033 | 1.45x | 56% | Current |
| Earhart Corporate Center | Ann Arbor, MI | Office | $29.5M | 3.572% | Oct 2030 | 2.11x | 96% | Current |
| Marriott Ann Arbor Ypsilanti | Ypsilanti, MI | Hotel | $27.5M | 7.055% | Jan 2031 | 1.25x | 60% | Current |
| Redwood Ypsilanti | Ypsilanti, MI | Multifamily | $26.0M | 4.075% | Mar 2031 | 1.96x | 94% | Current |
| Westgate Shopping Center, Ann Arbor | Ann Arbor, MI | Retail | $23.0M | 6.795% | Oct 2030 | 1.49x | 100% | Current |
| The Lion | Ann Arbor, MI | Multifamily | $18.4M | 4.967% | Nov 2028 | n/a | n/a | Current |
| Burlington Center | Ann Arbor, MI | Office | $15.0M | 7.10% | Apr 2034 | 1.94x | 85% | Current |
| Ann Arbor | Ann Arbor, MI | Self storage | $14.5M | 5.20% | Aug 2028 | n/a | n/a | Current |
| Staybridge Suites - Ann Arbor, Mi | Ann Arbor, MI | Hotel | $13.8M | 7.42% | Oct 2034 | 1.71x | 73% | Current |
| 445 & 455 East Eisenhower Parkway | Ann Arbor, MI | Retail | $12.9M | 4.70% | Aug 2029 | n/a | n/a | Current |
| 880 Technology Drive | Ann Arbor, MI | Office | $12.7M | 4.245% | Dec 2030 | 1.18x | 88% | Current |
| UM Student Housing Portfolio | Ann Arbor, MI | Multifamily | $11.0M | 3.198% | Dec 2030 | 5.10x | 100% | Current |
| Avis Drive Property | Ann Arbor, MI | Industrial | $10.4M | 3.576% | Dec 2030 | n/a | n/a | Current |
| Cambridge Club Apartments | Ann Arbor, MI | Multifamily | $10.0M | 4.30% | Jul 2030 | 2.91x | 96% | Current |
| Roundtree Place | Ypsilanti, MI | Retail | $7.6M | 5.306% | Jun 2028 | 1.58x | 33% | Current |
| 1320 South University Avenue | Ann Arbor, MI | Multifamily | $7.0M | 3.65% | Dec 2031 | n/a | n/a | Current |
| Walgreens - Ann Arbor | Ann Arbor, MI | Retail | $5.9M | 4.816% | Apr 2027 | n/a | n/a | Current |
| 1100 1200 and 1300 Victors Way | Ann Arbor, MI | Mixed use | $5.8M | 7.92% | Dec 2033 | n/a | n/a | Current |
| 112-120 West Washington and 117 South Ashley Street | Ann Arbor, MI | Mixed use | $5.1M | 4.75% | May 2029 | n/a | n/a | Current |
| Pollys Country Market | Chelsea, MI | Retail | $4.9M | 7.425% | Mar 2034 | 1.54x | 100% | Current |
| Maple Village Self Storage | Ann Arbor, MI | Self storage | $4.0M | 4.96% | Oct 2028 | 2.43x | 96% | Current |
| Gallatin Manor | Ann Arbor, MI | Multifamily | $3.2M | 5.25% | Apr 2029 | 2.90x | 100% | Current |
| Saline Shopping Center | Saline, MI | Retail | $3.0M | 4.55% | Aug 2027 | 1.90x | 100% | Current |
| 205-207 East Washington Street | Ann Arbor, MI | Mixed use | $2.7M | 4.75% | Jul 2029 | 1.07x | 100% | Late, less than 30 days |
| Concourse Office Center | Ann Arbor, MI | Office | $2.5M | 4.62% | Jun 2029 | 0.85x | 78% | Current |
| Arbor Landing Shopping Center | Ann Arbor, MI | Retail | $1.6M | 4.88% | Nov 2027 | 1.58x | 100% | Current |
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