Lehigh Valley Mall
A retail property in Whitehall, Pennsylvania. Securitized in 1 CMBS deal in 2018.
$445.0MAppraised value (latest deal)
83.9%Occupancy
$24.9MUnderwritten NOI
5.6%Implied cap rate
- Address
- 250 Lehigh Valley Mall, Whitehall, PA 18052
- Property type
- Retail · Super Regional Mall
- Year built
- 1976
- Size
- 30,204 SF
- Sponsor
- Simon Property Group, L.P.; Pennsylvania Real Estate Investment Trust
- Loan purpose
- Refinance
- Largest tenant
- Bob’s Discount Furniture
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMARK 2018-B1 | 2018-01-31 | $445.0M | 83.9% | $24.9M | 5.6% | $41.9M | 44.8% | 2.07x | 424B |
More CMBS properties in Pennsylvania →
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%.