Banc of America Commercial Mortgage Inc. Series 2005-4 as of 08/2009: IN occupancy 80- 89
All data provided by Intex
Id Name/ Type/ Bal GLA/Units LTV WAC
Address Subtype % Pool Occ. % DSCR Originator
41 Hot Rod Hill IN $9,416,979 65,564 69.2 5.042000 %
1231-1251 American Pacific Drive, Henderson NV 89074 0.6% 80% 1.21x (UW) Bank of America
Tenant % Expires
B & R Classic Restorations1502/28/14
CALIFORNIA STATE AUTOMOBILE AS1107/16/10
Aamco TRANSMISSION807/31/11
1A - Delinquent payments, 1E - DSCR < 1.10, 1F - DSCR < 1.40 and <= 75% U/W DSCR, and 4B - EGI < 80% U/W EGI. The loan is secured by a 65,563 sf Industrial property in Henderson, NV built in 2003. The property was inspected on 03/18/09; rated in Good condition. The YE 2008 NCF DSCR is 1.21 with an occ of 80%. The loan has been placed on the watchlist due to the delinquency of the July and August 2009 payments. Borrower indicated that the delinquency is due to late paying tenants. Borrower anticipates that the July 2009 payment will be sent on 08/07/09. Additionally, the decline in NCF is a result of an EGI decline. Annualized 2009 EGI has declined 15% from YE 2008 due to increased vacancies and rental concessions. As of the March 2009 rent roll, there is 22,332 vacant sf at the property. Bank of America will contact the Borrower for further property performance updates. 1A - Delinquent payments, 1E - DSCR < 1.10, 1F - DSCR < 1.40 and <= 75% U/W DSCR, and 4B - EGI < 80% U/W EGI. The loan is secured by a 65,563 sf Industrial property in Henderson, NV built in 2003. The property was inspected on 03/18/09; rated in Good condition. The YE 2008 NCF DSCR is 1.21 with an occ of 80%. The loan has been placed on the watchlist due to the delinquency of the July and August 2009 payments. Borrower indicated that the delinquency is due to late paying tenants. Borrower anticipates that the July 2009 payment will be sent on 08/07/09. Additionally, the decline in NCF is a result of an EGI decline. Annualized 2009 EGI has declined 15% from YE 2008 due to increased vacancies and rental concessions. As of the March 2009 rent roll, there is 22,332 vacant sf at the property. Bank of America will contact the Borrower for further property performance updates.
72 Orangethorpe Promenade IN $4,731,262 62,196 71.0 5.147000 %
2350 -2384 Orangethorpe Avenue & 1631 Placentia Avenue, Anaheim CA 92806 0.3% 82% 1.39x (6 mths) Bank of America
Tenant % Expires
Galaxy International INc1007/31/12
EXTREME RHINO MOTORSPORTS612/31/10
SAND CARS UNLIMITED INC608/31/10
65 IGC Park - Phase II IN $5,583,470 70,551 71.6 5.450000 %
10102 E. Knox Avenue, Spokane Valley WA 99206 0.4% 81% 1.60x (9 mths) Bridger
Tenant % Expires
APOLLO COLLEGE SPOKANE INC4809/30/15
RONALD & DENISE CULLY DIRECT BUY2112/01/08
IMAGISTICS INTERNATIONAL INC1108/30/10