Tenant exposure
Merrill Lynch in CMBS
The trusts' filings name Merrill Lynch among the three largest tenants at properties securing 8 public CMBS loans with $423.3M outstanding. It is the largest tenant at 3 of them. 1 of those loans (7.5% of the balance) is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Market Street - The Woodlands | The Woodlands, TX | Retail | $175.0M | 4.085% | Jun 2027 | n/a | n/a | Current |
| The Plaza at Walnut Creek | Walnut Creek, CA | Office | $97.2M | 6.598% | Feb 2030 | 2.87x | 93% | Current |
| 360 Hamilton Avenue | White Plains, NY | Office | $49.0M | 6.00% | Mar 2031 | n/a | n/a | Current |
| Country Club Plaza | Paramus, NJ | Office | $47.0M | 5.36% | Dec 2028 | 1.75x | 85% | Current |
| Valley Creek Corporate Center | Exton, PA | Office | $31.6M | 4.30% | Jun 2027 | 1.18x | 49% | With the special servicer |
| Katie Reed Building | Aspen, CO | Mixed use | $14.5M | 3.50% | Mar 2030 | 3.14x | 100% | Current |
| Lantern Building | Wichita Falls, TX | Office | $5.3M | 4.48% | Apr 2031 | 2.72x | 91% | Current |
| Dupont Office Center, Fort Wayne (matures Jul 2029) | Fort Wayne, IN | Office | $3.8M | 4.15% | Jul 2029 | 3.68x | 97% | Current |
Where Merrill Lynch is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| The Plaza at Walnut Creek | May 2029 | Feb 2030 | $97.2M |
| Lantern Building | Jun 2029 | Apr 2031 | $5.3M |
| Katie Reed Building | Dec 2029 | Mar 2030 | $14.5M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Merrill Lynch. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.