← BANK5 2024-5YR12 · Loan annex · CMBS market
- Deal
- BANK5 2024-5YR12
- Current balance
- $25.7M (November 2024)
- Share of deal
- not yet reported
- Status
- not yet reported
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- 90%
- Scheduled maturity
- not yet reported
Property and terms
| Property | 30 Rockefeller Plaza |
| Address | 30 Rockefeller Plaza; New York, NY 10112 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 1,627,738 |
| Year built | 1932 |
| Year last renovated | 2024 |
| Original balance | $25.7M |
| Current balance | $25.7M (November 2024) |
| Share of deal balance | not yet reported |
| Interest rate at origination | not yet reported |
| Current interest rate | not yet reported |
| Origination date | not yet reported |
| Original term | not yet reported |
| Amortization term | not yet reported |
| Interest-only period | not yet reported |
| Scheduled maturity | not yet reported |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | not yet reported |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $2.60B | 07-31-2024 | MAI |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Deloitte LLP | 506,091 | 09-30-2028 |
| Lazard Group LLC | 359,283 | 10-31-2033 |
| Haynes and Boone, LLP | 123,418 | 05-31-2041 |
The three largest tenants as reported in the latest asset-level record.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| November 2024 | $25.7M | not yet reported | not yet reported | not yet reported | not yet reported | 90% | not yet reported | 07-31-2024 | $270.9M | $131.6M | $139.3M | $139.3M |
Revenue, expenses, net operating income (NOI) and net cash flow (NCF) are the most recent financials reported as of each month, for the financial period ending on the date shown. DSCR is debt service coverage on the net cash flow and net operating income bases as reported.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.