Tustin Centre I & II
An office property in Santa Ana, California. Securitized in 1 CMBS deal in 2017.
$82.9MAppraised value (latest deal)
98.8%Occupancy
$4.8MUnderwritten NOI
5.8%Implied cap rate
- Address
- 1525 and 1551 North Tustin Avenue, Santa Ana, CA 92705
- Property type
- Office · Suburban
- Year built
- 1991, 2010
- Size
- 82,042 SF
- Sponsor
- RSFC Holdings; HSFC Holdings LLC
- Loan purpose
- Recapitalization
- Largest tenant
- RCOC
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| CD 2017-CD6 | 2017-11-30 | $82.9M | 98.8% | $4.8M | 5.8% | $31.5M | 38.0% | 3.55x | 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%.