Tenant exposure
Social Security Administration in CMBS
The trusts' filings name Social Security Administration among the three largest tenants at properties securing 3 public CMBS loans with $80.3M 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 |
|---|---|---|---|---|---|---|---|---|
| Kent Station Retail | Kent, WA | Mixed use | $51.8M | 3.50% | Dec 2029 | 2.00x | 90% | Current |
| One Main Plaza | Wailuku, HI | Office | $23.5M | 3.82% | Aug 2029 | 3.08x | 100% | Current |
| SSA Austin | Austin, TX | Office | $5.0M | 3.717% | Jun 2034 | 2.82x | 100% | Current |
Where Social Security Administration is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| One Main Plaza | Apr 2028 | Aug 2029 | $23.5M |
| SSA Austin | Dec 2050 | Jun 2034 | $5.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Social Security Administration; Social SecurityAdministration. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.