Tenant exposure
Salvation Army in CMBS
The trusts' filings name Salvation Army among the three largest tenants at properties securing 3 public CMBS loans with $28.4M 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 |
|---|---|---|---|---|---|---|---|---|
| Cicero Industrial | Cicero, IL | Industrial | $16.7M | 4.25% | Nov 2026 | 3.22x | 93% | Current |
| Noble Creek Shoppes | Noblesville, IN | Retail | $6.2M | 6.96% | May 2031 | n/a | n/a | Current |
| Coventry Commons | Canton Township, MI | Retail | $5.5M | 4.95% | Jun 2029 | 2.06x | 94% | Current |
Where Salvation Army is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Coventry Commons | Jan 2031 | Jun 2029 | $5.5M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: SALVATION ARMY; Salvation Army. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.