| 1E - DSCR Below Threshold | 1F - DSCR Decrease | 4A - Occupancy Decrease | 6A - Other Default Risk. This loan is secured by a 58,541 sf industrial property built in 1983. The DSCR and occupancy for the six months ended 06/30/09, year ended 12/31/08 and at contribution were 1.01x and 70% and 1.48x and 100% and 1.20x and 100%, respectively. Rent roll dated 08/26/09 shows occupancy per sq. ft. at 70%. The property is marketed by a leasing company that specializes in Biomedical Real Estate. They have had little interest at this time. On 06/26/09 the borrower provided a letter expressing concern and hardship as a result of two tenants vacating the property at lease expiration. They have requested modification of the loan, restructuring of the debt and a reduction of the UPB. On 09/03/09 the borrower sent a second hardship letter stating they are in imminent danger of default. The loan is due for the 11/06/09 payment. The property was last inspected on 06/12/09 and received a rating of good. Capmark will continue to monitor the loan.
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