Summit Place Wisconsin
An office property in West Allis, Wisconsin. Securitized in 1 CMBS deal in 2017.
$99.0MAppraised value (latest deal)
99.1%Occupancy
$7.0MUnderwritten NOI
7.1%Implied cap rate
- Address
- 6737 West Washington Street, West Allis, WI 53214
- Property type
- Office · Suburban
- Year built
- 1905
- Size
- 664,479 SF
- Loan purpose
- Refinance
- Largest tenant
- Brookdale Senior Living
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 | $99.0M | 99.1% | $7.0M | 7.1% | $32.0M | 72.7% | 1.37x | 424B |
Historical NOI reported in JPMDB 2017-C5
| Period ending | NOI |
|---|---|
| 12/31/2015 | $6.7M |
| 12/31/2014 | $5.9M |
More CMBS properties in Wisconsin →
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%.