Tenant exposure
Michael Store's in CMBS
The trusts' filings name Michael Store's among the three largest tenants at properties securing 4 public CMBS loans with $75.0M 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 |
|---|---|---|---|---|---|---|---|---|
| Kirkwood Plaza | Wilmington, DE | Retail | $32.5M | 4.59% | Nov 2027 | 2.06x | 79% | Current |
| Lormax Stern Retail Development - Roseville | Roseville, MI | Retail | $25.4M | 5.274% | Jun 2027 | 1.98x | 93% | Current |
| Northpoint Shopping Center | Cape Coral, FL | Retail | $11.0M | 4.925% | Jan 2029 | 2.36x | 97% | Current |
| East Side Plaza - LA | Shreveport, LA | Retail | $6.1M | 5.18% | Feb 2027 | 1.55x | 98% | Current |
Where Michael Store's is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| East Side Plaza - LA | Feb 2027 | Feb 2027 | $6.1M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Michael Store's 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.