CMBS properties in Montana
9 property records in 7 deals. Largest cities: Missoula (2), Billings (2), Butte (1), Bozeman (1), Glendive (1).
9Property records
$133.1MAppraised value (checked records)
7Deals
Median implied cap rate by property type
| Type | n | Median cap rate |
|---|---|---|
| Retail | 5 | 7.2% |
Largest properties by appraised value
| Property | Type | City | Appraised | Occ. | Deal |
|---|---|---|---|---|---|
| TKG 3 Retail Portfolio - Grant Creek Town Center | Retail | Missoula | $32.4M | 92.8% | MSBAM 2015-C23 |
| Mountain View Plaza | Retail | Kalispell | $23.6M | 85.8% | BANK 2025-BNK49 |
| West Park Promenade | Retail | Billings | $23.4M | 94.5% | MSC 2021-L7 |
| Hilton Garden Inn Bozeman | Hotel | Bozeman | $21.4M | BANK 2017-BNK6 | |
| Courtyard - Missoula, MT | Hotel | Missoula | $12.2M | 74.3% | MSBAM 2015-C23 |
| Shopko Billings | Retail | Billings | $10.3M | 100.0% | JPMDB 2017-C5 |
| Baymont Inn & Suites - 2006 North Merrill Avenue | Hotel | Glendive | $4.2M | 54.7% | BBCMS 2022-C18 |
| Baymont Inn & Suites - 6390 US-93 | Hotel | Whitefish | $4.0M | 59.4% | BBCMS 2022-C18 |
| Butte, MT Retail | Retail | Butte | $1.6M | 100.0% | JPMBB 2013-C15 |
Deals with the most Montana properties
| Deal | Filed | Records here |
|---|---|---|
| MSBAM 2015-C23 | 2015-06-18 | 2 |
| BBCMS 2022-C18 | 2022-12-14 | 2 |
| JPMBB 2013-C15 | 2013-10-29 | 1 |
| JPMDB 2017-C5 | 2017-03-31 | 1 |
| BANK 2017-BNK6 | 2017-07-27 | 1 |
| MSC 2021-L7 | 2021-10-13 | 1 |
| BANK 2025-BNK49 | 2025-03-17 | 1 |
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%.