Tenant exposure
CubeSmart in CMBS
The trusts' filings name CubeSmart among the three largest tenants at properties securing 3 public CMBS loans with $93.2M 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 |
|---|---|---|---|---|---|---|---|---|
| Mall at Prince George's | Hyattsville, MD | Retail | $84.8M | 7.355% | May 2031 | n/a | n/a | Current |
| 3720 E State Street | Rockford, IL | Mixed use | $4.9M | 7.163% | Nov 2028 | n/a | n/a | Current |
| 1425 Bruckner Fee | Bronx, NY | Other | $3.5M | 4.14% | Apr 2031 | 1.36x | 100% | Current |
Where CubeSmart is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| 1425 Bruckner Fee | Aug 2059 | Apr 2031 | $3.5M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Cube Smart L.P.; CubeSmart. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.