Loan portfolio exposure: Southeast and Texas · 36 listings

Main Street Tower

1000 Main St, Houston, TX 77002, USA

Class B downtown office, 71% leased. The anchor law firm (22% of rent) expires in 2027 with no renewal notice. Below-grade parking in a flood-prone block; sponsor is a regional family office.

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Loan balance
$38,500,000
Risk rating
Special mention
Maturity
Mar 1, 2028
LTV %
68
DSCR
1.18