Weston at Copperfield

A multifamily property in Houston, Texas. Securitized in 1 CMBS deal in 2023.

$66.2MAppraised value (latest deal)
90.3%Occupancy
$2.3MUnderwritten NOI
3.4%Implied cap rate
Address
15125 West Road, Houston, TX 77095
Property type
Multifamily · Garden
Year built
1998
Size
330 Units
Sponsor
CF Real Estate Holdings, LLC
Loan purpose
Acquisition

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BMO 2023-C42023-02-14$66.2M90.3%$2.3M3.4%$28.0M42.3%1.79x424B

Historical NOI reported in BMO 2023-C4

Period endingNOI
10/31/2022$3.4M
12/31/2021$2.4M
12/31/2020$2.1M

More CMBS properties in Texas →

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%.