Banc of America Commercial Mortgage Inc. Series 2005-4 as of 08/2009: MF DSCR 0.40- 0.50
All data provided by Intex
Id Name/ Type/ Bal GLA/Units LTV WAC
Address Subtype % Pool Occ. % DSCR Originator
114 Parkview Apts MF $2,265,011 53 75.5 5.736000 %
90+ 210 N. Easterling St., Dalton GA 30721 0.1% 62% 0.41x (9 mths) Bridger
ML transferred to SS on 4/6/09 due to monetary default. Next due date is 2/1/09. Collateral is a multifamily property in northwestern GA, close to the TN border. Borrower claims Principals have been funding shortfalls due to high vacancy, but can no longer do so. Borrower claims high vacancy is due to weak local economy, caused in large part by local factories shutting down, at which a large portion of the tenants worked. The Trust has filed for FC. Borrower has been cooperative.