CD 2007-CD5 Mortgage Trust as of 10/2009: MF DSCR 0.30- 0.40
All data provided by Intex
Id Name/ Type/ Bal GLA/Units LTV WAC
Address Subtype % Pool Occ. % DSCR Originator
47 509 212th Street MF $3,500,000 51 69.4 6.570000 %
60 509 212th Street, New York NY 10034 0.2% 94% 0.37x (UW) GACC
4C - Major Tenant Expiring | 4D - Top 3 Tenants Expiring. This loan is secured by a 18,387 sf retail center built in 1994. The DSCR and occupancy for the three months ended 03/31/09 and the year ended 12/31/08 were 2.22x and 100% and 1.75x and 100%, respectively. On 09/15/09 the borrower stated that the rent roll dated 03/31/09 indicates major tenant "Petco Animal Supplies" occupying 6,600 sf (36% GLA) has a lease expiring 11/30/09 has renewed and executed a new lease to 11/30/2014; second tenant "Famous Footwear" occupying 5,000 sf (27% GLA) has a lease expiring 10/31/09 is negotiatiing for a 5 year term to 10/31/2014; third tenant "Signature Cleaners" occupying 1,440 sf (8% GLA) has a lease expiring 11/30/09 and and has renewed to 11/30/2014 and the fourth tenant "General Nutrition" occupying 1,240 sf (7% GLA) has a lease expiring 11/30/09 is renewing and signed the new lease until 11/30/2014. The borrower will provide a rent roll when all the leases are signed. The property was last inspected on 08/22/08 and received a rating of good. Capmark will continue to monitor the loan.