Tenant exposure
Ralph Lauren in CMBS
The trusts' filings name Ralph Lauren among the three largest tenants at properties securing 4 public CMBS loans with $1.2B outstanding. It is the largest tenant at 2 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 650 Madison Avenue | New York, NY | Mixed use | $545.8M | 3.486% | Dec 2029 | 1.25x | 62% | Current |
| 711 Fifth Avenue | New York, NY | Mixed use | $545.0M | 3.16% | Mar 2030 | 2.71x | 66% | Current |
| Ralph Lauren HQ New Jersey | Nutley, NJ | Office | $57.0M | 3.13% | Mar 2030 | 3.22x | 57% | Current |
| 379 West Broadway | New York, NY | Office | $42.0M | 4.741% | Nov 2027 | 1.24x | 100% | Late, less than 30 days |
Where Ralph Lauren is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Ralph Lauren HQ New Jersey | Dec 2035 | Mar 2030 | $57.0M |
| 650 Madison Avenue | Apr 2036 | Dec 2029 | $545.8M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Ralph Lauren; Ralph Lauren Corporation. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.