Four Seasons San Francisco Retail
A mixed-use property in San Francisco, California. Securitized in 1 CMBS deal in 2018.
$170.1MAppraised value (latest deal)
91.9%Occupancy
$8.6MUnderwritten NOI
5.0%Implied cap rate
- Address
- 747 Market Street & 20-99 Yerba Buena Lane and 735-773 Market Street, San Francisco, CA 94103
- Property type
- Mixed Use · Office & Retail
- Year built
- 2001 (747 Market Street
- Size
- 210,788 SF
- Sponsor
- Millennium Partners
- Loan purpose
- Refinance
- Largest tenant
- Equinox
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| MSC 2018-L1 | 2018-10-23 | $170.1M | 91.9% | $8.6M | 5.0% | $6.7M | 32.3% | 424B |
Historical NOI reported in MSC 2018-L1
| Period ending | NOI |
|---|---|
| 12/31/2017 | $9.1M |
| 12/31/2016 | $8.6M |
| 12/31/2015 | $7.4M |
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%.