Banc of America Commercial Mortgage Trust 2007-1 as of 09/2009: HT DSCR 0.80- 0.90
All data provided by Intex
| Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC | |
|---|---|---|---|---|---|---|---|
| Address | Subtype | % Pool | Occ. % | DSCR | Originator | ||
| 48 | Best Western Georgetown | HT | $13,448,265 | 76 | 62.3 | 5.923000 % | |
| 1121 New Hampshire Avenue Northwest, Washington DC 20037 | 0.4% | 71% | 0.82x (12 mths) | Bank of America | |||
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| 1E - DSCR < 1.10; 6A - Other (Delinquent Financial Reporting). Loan is secured by a 76-unit hotel in Washington, D.C., built in 1925 and first renovated in 1985. The 6/25/2009 inspection rated the Property in Good condition. YE 12/31/2008 NCF DSCR is .076x with 67% Occ. DSCR remains below U/W, CMSA threshold, and YE 2007 due to decreased Occ and Rental Income, combined with increased Op Exp. The Property underwent interior renovations in 2007. Bank of America Bank of America maintains efforts to obtain Borrower\''s clarification regarding performance decline, as well as collection of outstanding financials. | |||||||