Banc of America Commercial Mortgage Trust 2007-4 as of 09/2009: HT DSCR 2.40- 2.50
All data provided by Intex
Id Name/ Type/ Bal GLA/Units LTV WAC
Address Subtype % Pool Occ. % DSCR Originator
84 Holiday Inn Express - Sugarland, TX HT $5,732,931 112 72.0 6.530000 %
Gasping for air 14444 Southwest Freeway, Sugar Land TX 77478 0.3% 60% 2.46x (6 mths) Bridger
1A - Delinquent. The loan is secured by a 112 room lodging property in Sugar Land, TX built in 1995 and renovated in 2005. The property was inspected 10/27/2008 and rated in good condition. YE 2008 NCF DSCR is 2.22 with occupancy unreported. The loan is being monitored for delinquency. The monthly payment increased from $52K to $90K effective with the 4/1/2009 payment, based on an escrow analysis dated 1/28/2009. The loan had a substantial tax and insurance escrow. Due to the increase, the ACH draft for April was rejected. The primary servicer was able to manually draft the April payment, but the loan remains delinquent for June and July. Bank of America maintains close contact with the primary servicer regarding their ongoing collection efforts with the borrower and YE financials have been requested. The primary servicer stated the loan would likely be transferred to Special Servicing when it reaches 60 days delinquent. Bank of America will continue to monitor the loan.1A - Delinquent. The loan is secured by a 112 room lodging property in Sugar Land, TX built in 1995 and renovated in 2005. The property was inspected 10/27/2008 and rated in good condition. YE 2008 NCF DSCR is 2.22 with occupancy unreported. The loan is being monitored for delinquency. The monthly payment increased from $52K to $90K effective with the 4/1/2009 payment, based on an escrow analysis dated 1/28/2009. The loan had a substantial tax and insurance escrow. Due to the increase, the ACH draft for April was rejected. The primary servicer was able to manually draft the April payment, but the loan remains delinquent for June and July. Bank of America maintains close contact with the primary servicer regarding their ongoing collection efforts with the borrower and YE financials have been requested. The primary servicer stated the loan would likely be transferred to Special Servicing when it reaches 60 days delinquent. Bank of America will continue to monitor the loan.