Tenant exposure
HDR Engineering in CMBS
The trusts' filings name HDR Engineering among the three largest tenants at properties securing 5 public CMBS loans with $206.0M outstanding. It is the largest tenant at 4 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 10 West End | St. Louis Park, MN | Office | $78.0M | 6.75% | Jul 2031 | n/a | n/a | Current |
| 7 Penn Plaza | New York, NY | Office | $51.5M | 5.871% | Jun 2030 | 3.43x | 61% | Current |
| 50 Tice Corporate Center | Woodcliff Lake, NJ | Office | $36.5M | 5.88% | Sep 2032 | 1.73x | 100% | Current |
| Folsom Gateway | Folsom, CA | Office | $21.0M | 3.49% | Jan 2030 | 4.33x | 98% | Current |
| Marnell Corporate Center | Las Vegas, NV | Office | $19.0M | 4.84% | Apr 2028 | 1.37x | 93% | Current |
Where HDR Engineering is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Folsom Gateway | Oct 2026 | Jan 2030 | $21.0M |
| 10 West End | Dec 2028 | Jul 2031 | $78.0M |
| 50 Tice Corporate Center | Jan 2033 | Sep 2032 | $36.5M |
| 7 Penn Plaza | Jul 2037 | Jun 2030 | $51.5M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: HDR ENGINEERING, INC.; HDR Engineering; HDR Engineering Inc.; Hdr Engineering Inc. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.