Rialto Industrial
An industrial property in Rialto, California. Securitized in 2 CMBS deals between 2022 and 2023.
$350.0MAppraised value (latest deal)
100.0%Occupancy
$17.6MUnderwritten NOI
5.0%Implied cap rate
- Address
- 1110 West Merrill Avenue, Rialto, CA 92376
- Property type
- Industrial · Warehouse/Distribution
- Year built
- 1989
- Size
- 1,106,124 SF
- Sponsor
- Ezra Danziger, Paul Reisz and Solomon Weber
- Loan purpose
- Refinance
- Largest tenant
- Rialto Distribution
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BBCMS 2022-C18 | 2022-12-14 | $350.0M | 100.0% | $17.6M | 5.0% | $68.0M | 51.7% | 1.23x | 424B |
| BMO 2023-C4 | 2023-02-14 | $350.0M | 100.0% | $17.6M | 5.0% | $35.0M | 51.7% | 1.23x | 424B |
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%.