Hamilton Commons
A retail property in Mays Landing, New Jersey. Securitized in 1 CMBS deal in 2022.
$65.6MAppraised value (latest deal)
85.0%Occupancy
$5.5MUnderwritten NOI
8.4%Implied cap rate
- Address
- 190 Hamilton Commons, Mays Landing, NJ 08330
- Property type
- Retail · Anchored
- Year built
- 2001
- Size
- 403,050 SF
- Sponsor
- Francis Greenburger
- Loan purpose
- Acquisition
- Largest tenant
- Regal Cinemas
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BBCMS 2022-C16 | 2022-06-28 | $65.6M | 85.0% | $5.5M | 8.4% | $17.0M | 59.5% | 3.91x | 424B |
Historical NOI reported in BBCMS 2022-C16
| Period ending | NOI |
|---|---|
| 1/31/2022 | $5.6M |
| 12/31/2021 | $5.6M |
| 12/31/2020 | $5.8M |
More CMBS properties in New Jersey →
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%.