Tenant exposure
Melrose in CMBS
The trusts' filings name Melrose among the three largest tenants at properties securing 3 public CMBS loans with $127.6M 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 |
|---|---|---|---|---|---|---|---|---|
| Red Building | West Hollywood, CA | Office | $80.0M | 4.386% | Jan 2028 | 1.60x | 73% | Current |
| Northwest Marketplace | Houston, TX | Retail | $26.0M | 5.087% | Jan 2031 | 1.51x | n/a | Current |
| Lake Air Shopping Center | Waco, TX | Retail | $21.6M | 6.58% | Oct 2029 | 1.79x | 94% | Current |
Where Melrose is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Red Building | Feb 2029 | Jan 2028 | $80.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Melrose. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.