Edison Grand
A multifamily property in Fort Myers, Florida. Securitized in 1 CMBS deal in 2026.
$110.3MAppraised value (latest deal)
96.0%Occupancy
$5.7MUnderwritten NOI
5.1%Implied cap rate
- Address
- 2500 Edwards Drive, Fort Myers, FL 33901
- Property type
- Multifamily · High Rise
- Year built
- 1986
- Size
- 327 Units
- Sponsor
- SF Executive Company LLC
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BBCMS 2026-M1 | 2026-09-21 | $110.3M | 96.0% | $5.7M | 5.1% | $30.0M | 69.8% | 1.20x | 424B |
Historical NOI reported in BBCMS 2026-M1
| Period ending | NOI |
|---|---|
| 5/31/2026 | $3.4M |
More CMBS properties in Florida →
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%.