Tenant exposure
J.C. Penney OpCo in CMBS
The trusts' filings name J.C. Penney OpCo among the three largest tenants at properties securing 4 public CMBS loans with $1.0B 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 |
|---|---|---|---|---|---|---|---|---|
| Fashion Valley Mall | San Diego, CA | Retail | $450.0M | 5.73% | Jun 2033 | 3.72x | 99% | Current |
| Woodfield Mall | Schaumburg, IL | Retail | $254.0M | 6.335% | Dec 2033 | 2.47x | 94% | Current |
| Newport Centre | Jersey City, NJ | Retail | $188.0M | 5.437% | Sep 2034 | 2.75x | 95% | Current |
| Empire Mall | Sioux Falls, SD | Retail | $120.0M | 6.716% | Oct 2030 | n/a | n/a | Current |
Where J.C. Penney OpCo is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Fashion Valley Mall | Dec 2030 | Jun 2033 | $450.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: J.C. Penney OpCo. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.