CMBS properties by state
52 states and territories.
| State | Property records | Appraised value (checked) | Deals |
|---|---|---|---|
| California | 684 | $38.65B | 55 |
| Texas | 661 | $16.52B | 53 |
| New York | 593 | $82.73B | 54 |
| Florida | 426 | $17.67B | 55 |
| Illinois | 293 | $7.34B | 48 |
| Ohio | 216 | $4.55B | 49 |
| Michigan | 213 | $5.38B | 50 |
| Georgia | 196 | $3.62B | 47 |
| North Carolina | 169 | $2.92B | 42 |
| Pennsylvania | 168 | $4.30B | 47 |
| Indiana | 162 | $3.09B | 46 |
| Louisiana | 156 | $1.32B | 37 |
| Virginia | 153 | $5.12B | 46 |
| New Jersey | 129 | $7.46B | 44 |
| Tennessee | 124 | $2.70B | 39 |
| Arizona | 123 | $2.18B | 40 |
| Missouri | 116 | $2.10B | 32 |
| Alabama | 114 | $1.34B | 38 |
| Massachusetts | 113 | $6.40B | 28 |
| South Carolina | 96 | $2.11B | 36 |
| Washington | 83 | $3.82B | 36 |
| Nevada | 79 | $18.47B | 33 |
| Wisconsin | 73 | $1.09B | 33 |
| Maryland | 72 | $4.17B | 37 |
| Kentucky | 71 | $1.22B | 34 |
| Connecticut | 70 | $2.91B | 41 |
| Kansas | 70 | $1.19B | 25 |
| Oklahoma | 64 | $727.1M | 24 |
| Colorado | 62 | $1.87B | 31 |
| Minnesota | 62 | $1.04B | 24 |
| Arkansas | 56 | $808.2M | 18 |
| Mississippi | 42 | $415.7M | 19 |
| Utah | 40 | $725.4M | 22 |
| Oregon | 36 | $804.1M | 22 |
| Delaware | 30 | $655.7M | 10 |
| Iowa | 29 | $367.8M | 20 |
| West Virginia | 27 | $268.4M | 8 |
| New Mexico | 23 | $288.5M | 14 |
| District of Columbia | 19 | $4.64B | 13 |
| Maine | 18 | $145.9M | 8 |
| Nebraska | 17 | $472.6M | 10 |
| Wyoming | 16 | $112.3M | 10 |
| Puerto Rico | 15 | $192.5M | 3 |
| New Hampshire | 12 | $786.0M | 9 |
| Vermont | 11 | $204.8M | 7 |
| North Dakota | 10 | $101.8M | 9 |
| Hawaii | 9 | $4.64B | 6 |
| Montana | 9 | $133.1M | 7 |
| Idaho | 8 | $103.0M | 6 |
| Rhode Island | 8 | $113.2M | 6 |
| Alaska | 4 | $246.1M | 3 |
| South Dakota | 3 | $8.6M | 3 |
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%.