9950 Woodloch
An office property in The Woodlands, Texas. Securitized in 1 CMBS deal in 2024.
$231.5MAppraised value (latest deal)
97.0%Occupancy
$17.0MUnderwritten NOI
7.3%Implied cap rate
- Address
- 9950 Woodloch Forest Drive, The Woodlands, TX 77380
- Property type
- Office · Suburban
- Year built
- 2014
- Size
- 601,151 SF
- Sponsor
- The Woodlands Land Development Company, L.P.
- Loan purpose
- Refinance
- Largest tenant
- Western Midstream Partners
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2024-5C6 | 2024-09-12 | $231.5M | 97.0% | $17.0M | 7.3% | $19.9M | 56.1% | 1.50x | 424B |
Historical NOI reported in BMO 2024-5C6
| Period ending | NOI |
|---|---|
| 3/31/2024 | $6.6M |
| 12/31/2023 | $5.4M |
| 12/31/2022 | $1.3M |
More CMBS properties in Texas →
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%.