The Court at Oxford Valley
A retail property in Fairless Hills, Pennsylvania. Securitized in 1 CMBS deal in 2021.
$83.4MAppraised value (latest deal)
98.0%Occupancy
$5.9MUnderwritten NOI
7.1%Implied cap rate
- Address
- 120, 210, 220, 310-330, 620, 640, 650, 610 and 630 Commerce Boulevard, Fairless Hills, PA 19030
- Property type
- Retail · Anchored
- Year built
- 1996
- Size
- 456,286 SF
- Sponsor
- The Goldenberg Group and PREIT
- Loan purpose
- Refinance
- Largest tenant
- Best Buy
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2021-BNK36 | 2021-10-07 | $83.4M | 98.0% | $5.9M | 7.1% | $55.0M | 65.9% | 1.97x | 424B |
Historical NOI reported in BANK 2021-BNK36
| Period ending | NOI |
|---|---|
| 12/31/2020 | $4.7M |
| 12/31/2019 | $5.6M |
| 12/31/2018 | $5.9M |
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%.