Banc of America Commercial Mortgage Trust 2007-1 as of 09/2009: HT DSCR 0.60- 0.70
All data provided by Intex
Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC | |
---|---|---|---|---|---|---|---|
Address | Subtype | % Pool | Occ. % | DSCR | Originator | ||
113 | Suburban Lodge Atlanta | HT | $3,846,667 | 150 | 67.5 | 6.100000 % | |
90+ | 7465 Davidson Parkway South, Stockbridge GA 30281 | 0.1% | 69% | 0.69x (6 mths) | Bridger | ||
This loan transferred into Special Servicing on 1/07/2009 due to a monetary default. The loan is 60 days past due. The collateral is a mortgage on a 150 room lodging property located in Stockbridge, GA. A receiver was appointed 6/4/09, and the Asset Manager inspected the property on 7/15/09 and found the property to be in poor condition. A notice of default has been received from Choice Hotels and we are currently reviewing draft operating and capital budgets from the receiver. |