Key Center Cleveland
A mixed-use property in Cleveland, Ohio. Securitized in 1 CMBS deal in 2017.
$362.0MAppraised value (latest deal)
92.9%Occupancy
$27.0MUnderwritten NOI
7.5%Implied cap rate
- Address
- 127 Public Square, Cleveland, OH 44114
- Property type
- Mixed Use · Office/Hotel/Parking
- Year built
- 1890, 1991
- Size
- 1,369,980 SF
- Loan purpose
- Acquisition
- Largest tenant
- Keybank National Association
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| JPMDB 2017-C5 | 2017-03-31 | $362.0M | 92.9% | $27.0M | 7.5% | $60.0M | 60.8% | 1.59x | 424B |
Historical NOI reported in JPMDB 2017-C5
| Period ending | NOI |
|---|---|
| 12/31/2015 | $22.3M |
| 12/31/2014 | $24.9M |
More CMBS properties in Ohio →
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%.