Tenant exposure
The Northern Trust Company in CMBS
The trusts' filings name The Northern Trust Company among the three largest tenants at properties securing 3 public CMBS loans with $131.5M 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 |
|---|---|---|---|---|---|---|---|---|
| 660 Newport Center Drive | Newport Beach, CA | Office | $80.0M | 5.757% | Mar 2035 | 1.91x | 90% | Current |
| Northern Trust Office | Tempe, AZ | Office | $40.4M | 3.56% | Oct 2027 | 2.59x | 100% | Current |
| Northern Trust Plaza | Sarasota, FL | Office | $11.1M | 4.598% | Apr 2027 | 2.07x | 97% | Current |
Where The Northern Trust Company is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Northern Trust Plaza | Sep 2031 | Apr 2027 | $11.1M |
| Northern Trust Office | Mar 2032 | Oct 2027 | $40.4M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Northern Trust; The Northern Trust Company. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.