Loan portfolio exposure: Southeast and Texas · 36 listings

Water Street Terminal Warehouse

250 N Water St, Mobile, AL 36602, USA

Port-adjacent warehouse, 100% leased to a steel importer. Flood zone VE on the bay side; the borrower carries named-storm coverage with a 5% deductible.

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Loan balance
$13,400,000
Risk rating
Pass
Maturity
Sep 1, 2030
LTV %
57
DSCR
1.51