Tenant exposure
Urban Air in CMBS
The trusts' filings name Urban Air among the three largest tenants at properties securing 4 public CMBS loans with $84.0M 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 |
|---|---|---|---|---|---|---|---|---|
| Belden Park Crossing | Canton, OH | Retail | $45.0M | 4.681% | Nov 2027 | 1.70x | 85% | Current |
| Porters Vale Shopping Center | Valparaiso, IN | Retail | $17.9M | 4.645% | Jul 2027 | 2.42x | 98% | Current |
| Tahoma Vista | Tacoma, WA | Retail | $11.1M | 7.45% | Apr 2029 | 0.45x | 61% | Late, less than 30 days |
| The Plaza Retail Center | Buford, GA | Retail | $10.0M | 3.53% | Oct 2031 | 3.93x | 100% | Current |
Where Urban Air is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| The Plaza Retail Center | Nov 2031 | Oct 2031 | $10.0M |
| Tahoma Vista | Apr 2032 | Apr 2029 | $11.1M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: URBAN AIR; Urban Air. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.