Tenant exposure
Verizon Wireless in CMBS
The trusts' filings name Verizon Wireless among the three largest tenants at properties securing 6 public CMBS loans with $429.6M outstanding. It is the largest tenant at 4 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| One Wilshire | Los Angeles, CA | Office | $389.3M | 2.776% | Jan 2032 | 3.29x | 61% | Current |
| RC Shoppes & Apartments | FL | Mixed use | $17.0M | 6.80% | Jun 2036 | n/a | n/a | Current |
| 237 East Fordham Road | Bronx, NY | Retail | $15.0M | 3.927% | Nov 2027 | 3.36x | 100% | Current |
| I-10 & Haden Shopping Center | Houston, TX | Retail | $3.5M | 5.05% | Mar 2029 | 1.60x | 100% | Current |
| Sherwood Village | San Angelo, TX | Retail | $2.4M | 5.19% | May 2027 | 1.32x | 93% | Current |
| Michigan Shoppes Road | Indianapolis, IN | Retail | $2.4M | 5.80% | May 2029 | 0.71x | 100% | Current |
Where Verizon Wireless is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Michigan Shoppes Road | Jul 2027 | May 2029 | $2.4M |
| I-10 & Haden Shopping Center | Feb 2029 | Mar 2029 | $3.5M |
| Sherwood Village | Feb 2030 | May 2027 | $2.4M |
| RC Shoppes & Apartments | Jan 2031 | Jun 2036 | $17.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: VERIZON WIRELESS INC; Verizon Wireless. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.