Banc of America Commercial Mortgage Inc. Series 2005-6 as of 08/2009: MF DSCR 1.70- 1.80
All data provided by Intex
Id Name/ Type/ Bal GLA/Units LTV WAC
Address Subtype % Pool Occ. % DSCR Originator
21 150 East 57th Street Apartments MF $26,564,442 137 37.6 5.243000 %
150 East 57th Street, New York NY 10022 1.0% 90% 1.75x (UW) Bank of America
1F DSCR <1.40 & <= 75% U/W; The loan is secured by a 140 Unit Multifamily property in New York, NY. The property was last inspected in 8/08, receiving a rating of good. The Q1 2009 NCF DSCR was 1.11x with an occupancy of 90%. The YE 2008 NCF DSCR was 1.75 with an occupancy of 90%. The decrease in performance is primarily due to significant increases in Professional Fees and G&A Expenses. Bank of America will contact the borrower regarding these expenses and will continue to monitor the loan.