Tenant exposure
RITE AID in CMBS
The trusts' filings name RITE AID among the three largest tenants at properties securing 4 public CMBS loans with $26.8M outstanding. It is the largest tenant at 2 of them. 1 of those loans (11.1% of the balance) is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Los Osos Shopping Center | Los Osos, CA | Retail | $12.0M | 3.17% | Aug 2031 | 2.68x | 82% | Current |
| Fresno Center | Fresno, CA | Retail | $7.4M | 4.224% | Mar 2032 | 2.42x | 100% | Current |
| 27 Orinda Way | Orinda, CA | Retail | $4.4M | 4.78% | Mar 2028 | 0.64x | n/a | Current |
| Rite Aid - Newark NY | Newark, NY | Retail | $3.0M | 4.50% | Sep 2029 | 1.59x | 100% | With the special servicer and 90+ days delinquent |
Where RITE AID is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Rite Aid - Newark NY | Jun 2035 | Sep 2029 | $3.0M |
| 27 Orinda Way | Dec 2037 | Mar 2028 | $4.4M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: RITE AID; Rite Aid. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.