ML-CFC Commercial Mortgage Trust 2006-4 as of 08/2009: HT occupancy 60- 69
All data provided by Intex
Id Name/ Type/ Bal GLA/Units LTV WAC
Address Subtype % Pool Occ. % DSCR Originator
90 McKibbon-Residence Inn Charlotte HT $14,326,285 152 65.7 6.307000 %
6030 J.A. Jones Drive, Charlotte NC 28287 0.3% 65% 1.02x (6 mths) Countrywide Commercial
110 Westlake Village Inn HT $11,587,234 141 33.8 5.640000 %
31943 Agoura Road, Westlake Village CA 91361 0.3% 60% 2.38x (UW) Countrywide Commercial
118 Sheraton Hotel - Ontario Airport HT $10,650,201 164 67.8 6.200000 %
429 North Vineyard Avenue, Ontario CA 91764 0.2% 66% 1.02x (9 mths) Merrill Lynch
The borrower has not provided 1Q 09 financials and the loan will remain on watchlist till improvements in operations are seen from the financials and rent roll. YE 2008 DSCR .82x with occupancy at 66%. The drop in occupancy is related to the economy of th
124 Hampton Inn - Ellenton, FL HT $9,372,012 116 70.5 6.120000 %
5810 20th Court East, Ellenton FL 34222 0.2% 68% 1.39x (9 mths) Countrywide Commercial
134 Hampton Inn - Windsor HT $8,486,513 110 71.9 6.120000 %
2168 Poquonock Avenue, Windsor CT 06095 0.2% 68% 1.41x (9 mths) Countrywide Commercial
190 Hampton Inn - Pell City HT $4,223,047 75 60.3 6.050000 %
220 Vaughan Lane, Pell City AL 35125 0.1% 66% 1.27x (UW) Merrill Lynch
210 Comfort Inn - Tempe, AZ HT $3,685,726 72 67.0 6.600000 %
1031 East Apache Boulevard, Tempe AZ 85281 0.1% 62% 0.98x (9 mths) Countrywide Commercial
The loan is delinguent; last payment was made on 6/8/09. The occupancy in 2Q 09 dropped to 61%. As a result, DSCR remained low at 0.95. Previous notes: A slow down in business traveling has hurt the revenue for this property. The avergae room rate dropped from $90 in 2007 to $82 in 2008.