Tenant exposure
REI in CMBS
The trusts' filings name REI among the three largest tenants at properties securing 4 public CMBS loans with $209.4M 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 |
|---|---|---|---|---|---|---|---|---|
| Clackamas Town Center | Happy Valley, OR | Retail | $97.0M | 6.96% | Sep 2031 | n/a | n/a | Current |
| Biltmore Park Town Square | Asheville, NC | Mixed use | $90.0M | 6.51% | Sep 2034 | 1.61x | 88% | Current |
| Milford Square | Milford, CT | Retail | $16.0M | 6.70% | Oct 2030 | n/a | n/a | Current |
| Stoneridge III | Bloomfield Hills, MI | Office | $6.4M | 5.30% | Feb 2029 | 1.86x | 100% | Current |
Where REI is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Milford Square | Feb 2027 | Oct 2030 | $16.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: REI. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.