Tenant exposure
Universal Services of America in CMBS
The trusts' filings name Universal Services of America among the three largest tenants at properties securing 4 public CMBS loans with $181.6M outstanding. It is the largest tenant at 1 of them. 1 of those loans (8.6% of the balance) is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Market Place Center | Irvine, CA | Office | $135.0M | 5.552% | Sep 2035 | n/a | n/a | Current |
| California Center | Sacramento, CA | Office | $18.8M | 5.00% | Apr 2029 | 1.21x | 97% | Current |
| Merge Office | Westminster, CA | Office | $15.6M | 4.93% | Jan 2029 | 1.44x | 64% | With the special servicer and 90+ days delinquent |
| Lakeside Plaza | Fort Lauderdale, FL | Office | $12.3M | 4.17% | Jul 2029 | 2.09x | 94% | Current |
Where Universal Services of America is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Market Place Center | Jul 2030 | Sep 2035 | $135.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: UNIVERSAL SERVICES OF AMERICA; Universal Services of America; Universal Services of America, L.P. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.