ML-CFC Commercial Mortgage Trust 2006-4 as of 08/2009: RT occupancy 50- 59
All data provided by Intex
Id Name/ Type/ Bal GLA/Units LTV WAC
Address Subtype % Pool Occ. % DSCR Originator
188 1253-1257 Los Angeles Street RT $5,100,000 39,376 72.9 6.079000 %
60 1251 - 1257 South Los Angeles Street, Los Angeles CA 90015 0.1% 58% 0.58x (9 mths) Merrill Lynch
Tenant % Expires
Tabi, Inc21.05
Julio Pacheco9.6503/31/08
Jung H. Park8.89
This loan was transferred to SS on 7/9/09 for imminent default due to cash flow problems as a result of low occupancy.A reduction in occupancy led to lower EGI in 1Q 2009. EGI dropped to 42% of UW. DSCR compressed to 0.28 from the 2008 level of 0.6. Borrower is having a difficult time leasing up the vacant spaces. They\'re doing the best they can but the market in the are