Tenant exposure
Meta Platforms in CMBS
The trusts' filings name Meta Platforms among the three largest tenants at properties securing 4 public CMBS loans with $1.2B outstanding. It is the largest tenant at 4 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Park Tower at Transbay | San Francisco, CA | Office | $435.0M | 3.45% | Aug 2034 | 3.43x | 99% | Current |
| Moffett Towers II | Sunnyvale, CA | Office | $345.0M | 3.764% | Jul 2029 | n/a | n/a | Current |
| 181 Fremont Street | San Francisco, CA | Office | $250.0M | 3.709% | Apr 2028 | 3.52x | 100% | Current |
| Moffett Towers II Building V | Sunnyvale, CA | Office | $170.0M | 4.026% | Apr 2029 | 3.24x | 100% | Current |
Where Meta Platforms is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| 181 Fremont Street | Mar 2031 | Apr 2028 | $250.0M |
| Park Tower at Transbay | Feb 2034 | Aug 2034 | $435.0M |
| Moffett Towers II | May 2034 | Jul 2029 | $345.0M |
| Moffett Towers II Building V | May 2034 | Apr 2029 | $170.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Meta Platforms Inc.; Meta Platforms, Inc. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.