Tenant exposure
Massage Envy in CMBS
The trusts' filings name Massage Envy among the three largest tenants at properties securing 3 public CMBS loans with $28.4M 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 |
|---|---|---|---|---|---|---|---|---|
| Aliso Viejo Plaza | Aliso Viejo, CA | Retail | $13.0M | 3.295% | Dec 2029 | 3.57x | 90% | Current |
| The Fountains | Palm Harbor, FL | Retail | $10.3M | 4.682% | Sep 2027 | 1.77x | 82% | Current |
| Shops at Oak Forest | Houston, TX | Retail | $5.1M | 3.60% | Apr 2030 | 3.62x | 100% | Current |
Where Massage Envy is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Shops at Oak Forest | Dec 2026 | Apr 2030 | $5.1M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Massage Envy. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro alerts you the morning after a filing shows one of these loans changed.