BANK 2024-BNK48 commercial mortgage trust

Prospectus filed 2024-10-01. Read the 424B prospectus on SEC EDGAR.

40Loans
79Properties
$1.09BCut-off balance (sum)
NY, CA, PATop states

Loans in BANK 2024-BNK48

Loan / propertyTypeLocationCut-off balanceAppraisedLTVDSCROcc.
Soho Grand & The Roxy HotelHotelNew York, NY$100.0M$508.0M40.1%3.32x89.8%
Biltmore Park Town SquareMixed UseAsheville, NC$90.0M$154.2M58.4%1.59x94.9%
Poindexter Industrial PortfolioIndustrialVarious, Various$85.0M$348.2M39.9%2.62x100.0%
VISA Global HQOfficeSan Francisco, CA$85.0M$446.0M50.0%2.19x97.5%
Grapevine MillsRetailGrapevine, TX$80.5M$548.0M45.6%2.68x96.2%
Hilton La Jolla Torrey PinesHotelLa Jolla, CA$65.0M$165.5M66.5%2.16x78.9%
Residence Inn National Mall - Washington D.C.HotelWashington, DC$53.0M$83.9M63.2%1.78x79.5%
Germantown CommonsRetailGermantown, MD$49.0M$69.9M70.1%1.79x95.4%
20 & 40 PacificaOfficeIrvine, CA$46.0M$267.1M43.1%2.83x88.4%
900 North MichiganMixed UseChicago, IL$45.0M$315.0M57.1%1.77x88.8%
Marriott Myrtle Beach Grande Dunes ResortHotelMyrtle Beach, SC$39.9M$223.0M44.7%2.69x70.1%
DMV PortfolioOfficeVarious, NY$31.4M$53.6M58.7%1.38x100.0%
610 Newport CenterOfficeNewport Beach, CA$30.0M$191.0M44.5%2.92x92.4%
Briarcliff CommonsRetailMorris Plains, NJ$30.0M$61.8M48.5%2.23x96.9%
Kendall Value CenterRetailMiami, FL$25.0M$51.1M48.9%1.69x100.0%
Hamden Life Storage IIMixed UseHamden, CT$24.2M$42.1M57.6%1.43x88.3%
Compass Self Storage PortfolioSelf StorageVarious, Various$22.9M$40.7M56.3%1.58x87.6%
Newport CentreRetailJersey City, NJ$20.0M$436.8M43.0%2.66x92.5%
East West CommonsRetailAustell, GA$18.0M$31.8M56.6%2.15x99.4%
AC Charlotte SouthparkHotelCharlotte, NC$18.0M$47.4M38.0%2.64x74.6%
Brooklyn Renaissance GarageOtherBrooklyn, NY$15.2M$35.2M43.3%1.34x
Southwest Estates & Waters Edge PortfolioManufactured HousingWorth, IL$14.0M$25.1M55.8%1.25x85.2%
Staybridge Suites - Ann Arbor, MIHotelAnn Arbor, MI$14.0M$19.8M70.7%1.41x62.3%
115 West 190th StreetMultifamilyBronx, NY$13.0M$18.0M68.9%1.33x100.0%
345 Tenth StreetSelf StorageJersey City, NJ$9.5M$23.2M40.9%2.18x94.9%
Hudson Courts Owners, Inc.MultifamilyYonkers, NY$9.0M$28.9M31.1%3.60x97.0%
Hampton Inn GrandvilleHotelGrandville, MI$8.8M$13.7M64.0%1.79x61.9%
Fairfield Inn Cincinnati Airport SouthHotelFlorence, KY$8.4M$14.5M57.9%1.44x86.5%
Louisiana MHC PortfolioManufactured HousingVarious, LA$7.1M$11.0M64.9%1.35x95.4%
Fowler-Daley Owners, Inc.MultifamilyLynbrook, NY$6.5M$68.9M9.4%7.52x95.0%
14 Horatio Street Apartments Corp.MultifamilyNew York, NY$5.6M$167.3M94.9%
Shops At Lily Cache CreekRetailBolingbrook, IL$4.1M$6.7M61.1%1.60x93.3%
169 East BroadwayMixed UseNew York, NY$3.8M$7.9M48.1%1.52x100.0%
Riverwinds MHCManufactured HousingMillsboro, DE$3.6M$6.3M57.9%1.45x94.2%
2640 Marion Avenue Owners, Inc.MultifamilyBronx, NY$2.7M$14.4M18.7%3.73x95.0%
1500 Boston Road Housing Development Fund CorporationMultifamilyBronx, NY$1.8M$7.8M23.1%4.58x94.7%
Clark Street Tenants IncorporatedMultifamilyBrooklyn, NY$1.7M$58.6M12.38x95.0%
139 E. 66 St. CorporationMultifamilyNew York, NY$1.5M$45.6M95.0%
Trinity Arms Ltd.MultifamilyNew Rochelle, NY$1.2M$6.3M19.8%4.54x97.0%
West 96th Street Owners' Corp.MultifamilyNew York, NY$1.1M$24.4M8.03x95.0%

Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.