Tenant exposure
Apple in CMBS
The trusts' filings name Apple among the three largest tenants at properties securing 5 public CMBS loans with $522.9M outstanding. It is the largest tenant at 5 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Apple Campus 3 | Sunnyvale, CA | Office | $340.0M | 3.365% | Jan 2028 | 3.78x | 100% | Current |
| The Towers at Cupertino City Center | Cupertino, CA | Office | $145.0M | 6.442% | Mar 2031 | n/a | n/a | Current |
| 10725 North De Anza Boulevard | Cupertino, CA | Office | $20.0M | 3.302% | Oct 2030 | 1.34x | 100% | Current |
| Apple Cupertino | Cupertino, CA | Office | $9.0M | 3.48% | Jan 2031 | 3.38x | 100% | Current |
| Apple Inc. Boulder | Boulder, CO | Office | $8.9M | 4.031% | Dec 2029 | 2.38x | 100% | Current |
Where Apple is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Apple Inc. Boulder | Jun 2027 | Dec 2029 | $8.9M |
| Apple Cupertino | Jan 2031 | Jan 2031 | $9.0M |
| Apple Campus 3 | Feb 2031 | Jan 2028 | $340.0M |
| 10725 North De Anza Boulevard | Mar 2032 | Oct 2030 | $20.0M |
| The Towers at Cupertino City Center | Apr 2032 | Mar 2031 | $145.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Apple. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.