Tenant exposure
H&M in CMBS
The trusts' filings name H&M among the three largest tenants at properties securing 11 public CMBS loans with $1.4B outstanding. It is the largest tenant at 3 of them. 1 of those loans (15.9% of the balance) is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Queens Center | Elmhurst, NY | Retail | $510.0M | 5.37% | Nov 2029 | 1.94x | 93% | Current |
| Saint Louis Galleria | Saint Louis, MO | Retail | $229.0M | 4.997% | Nov 2028 | n/a | n/a | With the special servicer |
| Baybrook Mall | Friendswood, TX | Retail | $205.7M | 6.816% | Aug 2029 | 1.65x | 91% | Current |
| 575 Broadway | New York, NY | Mixed use | $120.5M | 7.49% | Dec 2027 | 1.15x | 48% | Current |
| Deptford Mall | Deptford, NJ | Retail | $115.0M | 6.95% | May 2031 | n/a | n/a | Current |
| Wolfchase Galleria | Memphis, TN | Retail | $84.6M | 4.146% | Nov 2026 | 1.94x | 69% | Late, less than 30 days |
| Outlet Shoppes at El Paso | Canutillo, TX | Retail | $64.7M | 5.103% | Oct 2028 | 2.61x | 97% | Current |
| Galleria At Sunset | Henderson, NV | Retail | $47.6M | 8.46% | Mar 2029 | 2.05x | 100% | Current |
| Hamilton Place | Chattanooga, TN | Retail | $24.9M | 6.847% | Jun 2031 | n/a | n/a | Current |
| Southlake Mall | Morrow, GA | Retail | $20.0M | 5.887% | Nov 2031 | n/a | n/a | Current |
| Crocker Park Phase 3 | Westlake, OH | Retail | $18.0M | 4.536% | Feb 2032 | 2.06x | 89% | Current |
Where H&M is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Crocker Park Phase 3 | Jan 2029 | Feb 2032 | $18.0M |
| Outlet Shoppes at El Paso | Jan 2030 | Oct 2028 | $64.7M |
| Baybrook Mall | Jan 2032 | Aug 2029 | $205.7M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: H & M; H&M. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.