| 6a- Bankruptcy of GM and possible dealership closing. The loan is secured by a 77,076 sf commercial property in Tomball, TX built in 2004. The property was inspected on 09/10/08; rated in Good condition. The Q1-2009 NCF DSCR is 2.04 with an occupancy of 100%. The loan has been placed on the watchlist due to the 06/01/09 annoucement that GM has filed Chapter 11 bankruptcy. Per the annoucement, the US govt will assist GM during their reorganization, and GM will \''shed'' its Pontiac, Saab, Saturn, and Hummer Brands. Parkway Chevrolet, a brand of GM, occupies 100% of the subject property with a lease expiring on 08/31/2026. Parkway Chevrolet is an independent franchise from GM. Borrower indicated in early July 2009 that Parkway Chevrolet has not been slated for closure. Bank of America will continue to monitor the loan.
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