| 1E - DSCR < 1.10. The loan is secured by a 204 unit multifamily property in Bullhead City, AZ built in 1990. 2Q 6/30/2009 NCF DSCR is 1.08 with occupancy of 97%. YE 2008 DSCR was 1.19 with occupancy of 87%. The decline in DSCR is attributed to an increase in operating expenses specifically Payroll and G&A expenses. The increased expenses are attributed to additional staffing and promotions utilized during the 1Q in an effort to increase occupancy. Bank of America will continue to monitor the loan.
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