CMBS properties in North Dakota

10 property records in 9 deals. Largest cities: Fargo (4), Minot (2), Williston (1), Dickinson (1), Grand Forks (1).

10Property records
$101.8MAppraised value (checked records)
9Deals

Largest properties by appraised value

PropertyTypeCityAppraisedOcc.Deal
Century Court ApartmentsMultifamilyWilliston$24.8M96.4%COMM 2014-CCRE15
Mills Fleet Farm - Fargo, NDRetailFargo$24.5M100.0%CD 2016-CD2
Custer CrossingMultifamilyDickinson$17.8M86.0%COMM 2014-CCRE15
West AcresRetailFargo$8.2M100.0%BACM 2015-UBS7
Tractor Supply – Minot, NDRetailMinot$6.3M100.0%MSC 2022-L8
Tractor Supply – Minot, NDRetailMinot$6.3M100.0%BANK 2022-BNK41
Natural Grocers - Grand Forks (32nd Avenue), NDRetailGrand Forks$5.5M100.0%BANK 2021-BNK32
4201 13th Avenue SouthRetailFargo$4.2M100.0%BANK5 2026-5YR20
Days Inn - 3431 14th AvenueHotelFargo$2.5M43.9%BBCMS 2022-C18
Dollar General - Bismarck (Lincoln), NDRetailLincoln$1.7M100.0%BANK 2021-BNK36

Deals with the most North Dakota properties

DealFiledRecords here
COMM 2014-CCRE152014-02-032
BACM 2015-UBS72015-09-251
CD 2016-CD22016-12-081
BANK 2021-BNK322021-03-241
BANK 2021-BNK362021-10-071
MSC 2022-L82022-04-071
BANK 2022-BNK412022-05-051
BBCMS 2022-C182022-12-141
BANK5 2026-5YR202026-02-091

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%.