Westfield Trumbull
A retail property in Trumbull, Connecticut. Securitized in 1 CMBS deal in 2015.
$262.0MAppraised value (latest deal)
98.0%Occupancy
$17.2MUnderwritten NOI
6.6%Implied cap rate
- Address
- 5065 Main Street, Trumbull, CT 06611
- Property type
- Retail · Anchored
- Year built
- 1962
- Size
- 1,130,472 SF
- Sponsor
- Westfield America, Inc., Westfield America Limited Partnership
- Loan purpose
- Refinance
- Largest tenant
- Macy’s
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| CSAIL 2015-C1 | 2015-03-20 | $262.0M | 98.0% | $17.2M | 6.6% | $77.2M | 58.1% | 2.73x | 424B |
Historical NOI reported in CSAIL 2015-C1
| Period ending | NOI |
|---|---|
| 12/31/2014 | $17.6M |
| 2013 | $16.6M |
| 2012 | $15.5M |
More CMBS properties in Connecticut →
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%.