Tenant exposure
The Learning Experience in CMBS
The trusts' filings name The Learning Experience among the three largest tenants at properties securing 3 public CMBS loans with $34.1M outstanding. It is the largest tenant at 2 of them. 1 of those loans (29.9% of the balance) is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Mission Village Shopping Center | Riverside, CA | Retail | $18.5M | 3.05% | Dec 2031 | 5.14x | 100% | Current |
| 249 Legion Avenue | New Haven, CT | Retail | $10.2M | 4.78% | Jan 2029 | -0.14x | 41% | With the special servicer and 90+ days delinquent |
| Middletown Retail Plaza | Middletown, NJ | Retail | $5.4M | 3.58% | Jan 2032 | 3.21x | 100% | Current |
Where The Learning Experience is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| 249 Legion Avenue | Sep 2033 | Jan 2029 | $10.2M |
| Middletown Retail Plaza | Oct 2036 | Jan 2032 | $5.4M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: THE LEARNING EXPERIENCE; The Learning Experience. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.