Banc of America Commercial Mortgage Inc. Series 2005-6 as of 08/2009: MF DSCR 1.10- 1.20
All data provided by Intex
Id Name/ Type/ Bal GLA/Units LTV WAC
Address Subtype % Pool Occ. % DSCR Originator
36 Remington Canyon Apartments MF $19,250,000 224 68.8 5.293000 %
1000 American Pacific Drive, Henderson NV 89074 0.7% 87% 1.19x (6 mths) Barclays
41 Caruso Northgate Apartments MF $16,412,726 215 78.2 5.626000 %
237 Lantern Road, Revere MA 02151 0.6% 97% 1.13x (9 mths) Bank of America
1E - DSCR < 1.10. The loan is secured by a 215 unit apartment complex located in Revere, MA built in 1970 and renovated in 1993. The property was last inspected in 11/08 and received a rating of Good. The YE 08 NCF DSCR was 1.08x with 98% occupancy. The YE 2007 NCF DSCR was 1.22x with 97% occupancy. Decrease in DSCR is due to a 5% increase in operating expenses, specifically R&M and G&A expenses, which were 55% and 40% up from YE 07, respectively. Bank of America will contact the Borrower regarding increase in operating expenses and will continue to monitor the loan.
81 Oak Tree Village MF $7,000,931 167 68.0 5.146000 %
1006 South Main Street, Pleasantville NJ 08232 0.3% 95% 1.18x (12 mths) Bank of America
1E - DSCR < 1.10, 1F - DSCR < 1.40 and <= 75% U/W DSCR. The loan is secured by a 168 unit multifamily property in Pleasantville, NJ built in 1950. The property was inspected on 7/29/2008 and rated in good condition. YE 2008 NCF DSCR is 1.18x with occupancy of 95%. YE 2006 NCF DSCR is 1.15x with occupancy of 95%. The loan has been placed on pending removal and will be removed purusant to Q1 09 financials. Bank of America will continue to monitor the loan.
162 River Run Apartments MF $1,145,360 48 73.9 5.667000 %
717 West Broadway, Fulton NY 13069 0.0% 100% 1.16x (12 mths) Bridger