Tenant exposure
Belk in CMBS
The trusts' filings name Belk among the three largest tenants at properties securing 11 public CMBS loans with $617.6M outstanding. It is the largest tenant at 10 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Summit Birmingham | Birmingham, AL | Retail | $208.0M | 4.762% | Jan 2027 | 2.10x | 93% | Current |
| Coolsprings Galleria | Franklin, TN | Retail | $131.4M | 4.839% | May 2028 | 1.95x | 93% | Current |
| Fayette Pavilion | Fayetteville, GA | Retail | $94.1M | 6.956% | Mar 2034 | 1.36x | 77% | Current |
| Shoppes at River Crossing | Macon, GA | Retail | $65.0M | 7.875% | Apr 2028 | 1.85x | 94% | Current |
| Pavilion at Port Orange | Port Orange, FL | Retail | $43.0M | 5.933% | Oct 2030 | 2.40x | 94% | Current |
| Stirling Bossier Shopping Center | Bossier City, LA | Retail | $24.2M | 4.69% | Sep 2028 | 1.87x | 97% | Current |
| Greenville Promenade | Greenville, TX | Retail | $20.0M | 6.50% | Apr 2035 | n/a | n/a | Current |
| Washington Square Shopping Center | Washington, NC | Retail | $11.3M | 5.10% | Jun 2028 | 1.43x | 89% | Current |
| Premier Landing | Roanoke Rapids, NC | Retail | $8.1M | 5.03% | Dec 2027 | 1.65x | 85% | Current |
| Big Springs Village | Guntersville, AL | Retail | $7.1M | 4.451% | Nov 2026 | 1.47x | 92% | Current |
| Natchez Promenade | Natchez, MS | Retail | $5.4M | 8.005% | Dec 2033 | 1.35x | 97% | Current |
Where Belk is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Stirling Bossier Shopping Center | Oct 2027 | Sep 2028 | $24.2M |
| The Summit Birmingham | Jan 2028 | Jan 2027 | $208.0M |
| Greenville Promenade | Mar 2029 | Apr 2035 | $20.0M |
| Coolsprings Galleria | Jan 2030 | May 2028 | $131.4M |
| Natchez Promenade | Jan 2030 | Dec 2033 | $5.4M |
| Pavilion at Port Orange | Mar 2030 | Oct 2030 | $43.0M |
| Big Springs Village | Oct 2030 | Nov 2026 | $7.1M |
| Premier Landing | Oct 2031 | Dec 2027 | $8.1M |
| Washington Square Shopping Center | Feb 2033 | Jun 2028 | $11.3M |
| Shoppes at River Crossing | Dec 2050 | Apr 2028 | $65.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Belk. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.