Tenant exposure
Macy's in CMBS
The trusts' filings name Macy's among the three largest tenants at properties securing 27 public CMBS loans with $3.9B outstanding. It is the largest tenant at 19 of them. 3 of those loans (7.1% of the balance) are delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Kings Plaza | Brooklyn, NY | Retail | $487.0M | 3.359% | Jan 2030 | 2.38x | 91% | Current |
| Washington Square | Portland, OR | Retail | $315.5M | 5.577% | Apr 2035 | n/a | n/a | Current |
| Tysons Corner Center | McLean, VA | Retail | $269.8M | 6.601% | Dec 2028 | 1.93x | 86% | Current |
| Kenwood Towne Centre | Cincinnati, OH | Retail | $260.0M | 6.271% | Mar 2029 | n/a | n/a | Current |
| Woodfield Mall | Schaumburg, IL | Retail | $254.0M | 6.335% | Dec 2033 | 2.47x | 94% | Current |
| Fresno Fashion Fair Mall | Fresno, CA | Retail | $225.0M | 3.587% | Nov 2026 | 2.16x | 96% | With the special servicer and 30-59 days delinquent |
| Scottsdale Fashion Square | Scottsdale, AZ | Retail | $200.0M | 6.214% | Mar 2028 | 2.08x | n/a | Current |
| Newport Centre | Jersey City, NJ | Retail | $188.0M | 5.437% | Sep 2034 | 2.75x | 95% | Current |
| The Shops at Mission Viejo | Mission Viejo, CA | Retail | $180.0M | 6.725% | Jan 2035 | 1.82x | 90% | Current |
| Lakeside Shopping Center | Metairie, LA | Retail | $175.0M | 3.77% | Aug 2027 | 2.34x | 98% | Current |
| Northshore Mall | Peabody, MA | Retail | $175.0M | 6.355% | Jan 2031 | 2.36x | 93% | Current |
| Fair Oaks Mall | Fairfax, VA | Retail | $151.1M | 4.258% | Nov 2026 | 1.53x | 90% | Current |
| Empire Mall | Sioux Falls, SD | Retail | $120.0M | 6.716% | Oct 2030 | n/a | n/a | Current |
| Waterford Lakes Town Center | Orlando, FL | Retail | $118.1M | 4.86% | May 2029 | 1.90x | 92% | Current |
| Garden State Plaza | Paramus, NJ | Retail | $100.0M | 6.613% | Jan 2029 | 2.76x | 90% | Current |
| Crossgates Mall | Albany, NY | Retail | $95.0M | 8.50% | Dec 2030 | 3.01x | 80% | Current |
| Oxmoor Center | Louisville, KY | Retail | $90.0M | 8.12% | Jun 2028 | 1.56x | 99% | Current |
| Gurnee Mills | Gurnee, IL | Retail | $89.0M | 3.99% | Oct 2026 | 2.27x | 91% | Current |
| Mall at Prince George's | Hyattsville, MD | Retail | $84.8M | 7.355% | May 2031 | n/a | n/a | Current |
| Boise Towne Square | Boise, ID | Retail | $77.3M | 5.95% | Nov 2030 | 2.99x | 95% | Current |
| Pacific View | Ventura, CA | Retail | $69.7M | 5.29% | May 2032 | 1.88x | 81% | Current |
| Summit Mall | Fairlawn, OH | Retail | $60.0M | 7.281% | Sep 2031 | n/a | n/a | Current |
| Queens Place | Elmhurst, NY | Retail | $42.0M | 4.519% | May 2028 | -0.37x | 53% | With the special servicer and 90+ days delinquent |
| Anderson Towne Center | Cincinnati, OH | Retail | $36.7M | 5.28% | May 2028 | 1.90x | 95% | Current |
| Imperial Valley | El Centro, CA | Retail | $25.0M | 7.17% | Dec 2030 | 2.84x | 95% | Current |
| Peachtree Mall | Columbus, GA | Retail | $8.3M | 3.944% | Dec 2025 | 1.37x | 86% | Past maturity and not performing |
| Green Acres | Valley Stream, NY | Retail | $5.5M | 5.899% | Jan 2028 | 2.16x | 78% | Late, less than 30 days |
Where Macy's is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Peachtree Mall | Sep 2027 | Dec 2025 | $8.3M |
| Newport Centre | Jan 2028 | Sep 2034 | $188.0M |
| Washington Square | Jan 2028 | Apr 2035 | $315.5M |
| Mall at Prince George's | Oct 2028 | May 2031 | $84.8M |
| Anderson Towne Center | Jan 2029 | May 2028 | $36.7M |
| The Shops at Mission Viejo | Feb 2030 | Jan 2035 | $180.0M |
| Queens Place | Jan 2032 | May 2028 | $42.0M |
| Garden State Plaza | Jul 2033 | Jan 2029 | $100.0M |
| Fresno Fashion Fair Mall | Sep 2033 | Nov 2026 | $225.0M |
| Green Acres | Mar 2035 | Jan 2028 | $5.5M |
| Summit Mall | Oct 2035 | Sep 2031 | $60.0M |
| Fair Oaks Mall | Jan 2036 | Nov 2026 | $151.1M |
| Oxmoor Center | Feb 2036 | Jun 2028 | $90.0M |
| Pacific View | Jan 2038 | May 2032 | $69.7M |
| Crossgates Mall | Mar 2045 | Dec 2030 | $95.0M |
| Northshore Mall | Aug 2058 | Jan 2031 | $175.0M |
| Imperial Valley | Dec 2060 | Dec 2030 | $25.0M |
| Kings Plaza | Jul 2100 | Jan 2030 | $487.0M |
| Kenwood Towne Centre | Dec 2106 | Mar 2029 | $260.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: MACY'S; Macy's; Macy's*. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.