Tenant exposure
First Citizens Bank & Trust Company in CMBS
The trusts' filings name First Citizens Bank & Trust Company among the three largest tenants at properties securing 3 public CMBS loans with $374.9M outstanding. It is the largest tenant at 1 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 11 West 42nd Street | New York, NY | Office | $274.0M | 7.44% | Jul 2028 | 1.27x | 99% | Current |
| 340 Mount Kemble | Morristown, NJ | Office | $72.9M | 6.941% | Feb 2035 | 1.98x | 100% | Current |
| 350 S Beverly | Beverly Hills, CA | Office | $28.0M | 6.67% | Dec 2030 | 0.83x | 97% | Current |
Where First Citizens Bank & Trust Company is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| 340 Mount Kemble | May 2036 | Feb 2035 | $72.9M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: First Citizens Bank & Trust Co.; First Citizens Bank & Trust Company; First- Citizens Bank & Trust Company. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.