47071 Bayside Parkway
An office property in Fremont, California. Securitized in 1 CMBS deal in 2024.
$83.0MAppraised value (latest deal)
100.0%Occupancy
$5.0MUnderwritten NOI
6.0%Implied cap rate
- Address
- 47071 Bayside Parkway, Fremont, CA 94538
- Property type
- Office · Medical/Lab
- Year built
- 1990
- Size
- 88,508 SF
- Sponsor
- Diversified Healthcare Trust
- Loan purpose
- Recapitalization
- Largest tenant
- Alamar Biosciences
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2024-C9 | 2024-07-02 | $83.0M | 100.0% | $5.0M | 6.0% | $19.3M | 49.0% | 1.62x | 424B |
Historical NOI reported in BMO 2024-C9
| Period ending | NOI |
|---|---|
| 3/31/2024 | $4.7M |
| 12/31/2023 | $4.7M |
More CMBS properties in California →
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%.