The Landing
A multifamily property in Long Beach, California. Securitized in 2 CMBS deals in 2026.
$105.0MAppraised value (latest deal)
98.5%Occupancy
$6.4MUnderwritten NOI
6.1%Implied cap rate
- Address
- 1613 Ximeno Avenue, Long Beach, CA 90804
- Property type
- Multifamily · Garden
- Year built
- 1985
- Size
- 206 Units
- Sponsor
- Harshad Dharod
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2026-5C15 | 2026-06-16 | $105.0M | 98.5% | $6.4M | 6.1% | $15.0M | 72.9% | 1.35x | 424B |
| BBCMS 2026-M1 | 2026-09-21 | $105.0M | 98.5% | $6.4M | 6.1% | $15.0M | 72.9% | 1.35x | 424B |
Historical NOI reported in BBCMS 2026-M1
| Period ending | NOI |
|---|---|
| 12/31/2025 | $6.3M |
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%.