Tenant exposure
Blink Fitness in CMBS
The trusts' filings name Blink Fitness among the three largest tenants at properties securing 4 public CMBS loans with $88.2M outstanding. It is the largest tenant at 2 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 240 East 54th Street | New York, NY | Retail | $31.0M | 3.387% | Oct 2027 | n/a | n/a | Current |
| 252 Atlantic Avenue | Brooklyn, NY | Retail | $25.8M | 3.71% | Jun 2031 | n/a | n/a | Current |
| Evanston Plaza | Evanston, IL | Retail | $24.7M | 3.935% | May 2031 | 1.56x | 100% | Current |
| 2374-2386 Grand Concourse | Bronx, NY | Retail | $6.8M | 3.61% | Jan 2032 | 3.05x | 100% | Current |
Where Blink Fitness is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| 2374-2386 Grand Concourse | May 2028 | Jan 2032 | $6.8M |
| 240 East 54th Street | Oct 2035 | Oct 2027 | $31.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: BLINK FITNESS; Blink Fitness. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.