JPMBB 2015-C32 - Charts and Resources

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. The Subject Property Highland Meadows (Mediterranean) Apartments is a 16 unit multifamily property type which was built in 1989. Loan is crossed with Highland Springs Apartments. The Receiver has proposed to payoff the loans in full.

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. The Subject Property Rose Terrace Apartments (Parthenia) is a multifamily type of property, built in 1964. It consists of 32 units and is located in North Hills, CA. The Receiver has proposed to payoff the loan in full.

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Built in 1989, collateral consists of 8 units is 2 low rise multifamily properties in the South Glendale submarket of Los Angeles. Crossed with Highland Springs Apartments. The Receiver has proposed to payoff the loans in full.

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Subject is a 13 unit, two story apartment building built in 1991 on .22 acres in Los Angeles, Ca. This loan is cross collateralized with Royal

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. The Subject Property, Suncrest Apartments is a multifamily property, consisting of 40 units, built in 1987. The Receiver has proposed to

Loan transferred 10/23/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Asset is a 20-unit multifamily walk-up property constructed in 1986 and are situated on a total of 0.465 acres. The Receiver has proposed to payoff the loans in full.

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Collateral consists of 28 units in 2 garden-style multifamily walk-up properties built in 1987 in the Palmdale submarket of Los Angeles. Crossed with Forest View Apartments. The Recei ver has proposed to payoff the loan in full.

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Built in 1993, collateral consists of 2 low-rise multifamily properties in the South Central submarket of Los Angeles. Cross-collateralized with Cedar Pointe Apartments. The Receiver has proposed to payoff the loan in full.

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Built in 1990, collateral consists of 2 low rise multifamily properties in the South Glendale submarket of Los Angeles. Loan is crossed with Highland Meadows (43/44) Apartments. The Receiver has proposed to payoff the loans in full.

REO Title Date: June 21, 2024. Description of Collateral: Collateral is a mixed-use office/retail/parking Property totaling 134,536 SF. Property is comprised of 54,131 SF of retail space, 14,400 SF of office space, and a 66,000 SF (166 space) indoo r parking garage at the base of the Palmer House Hilton hotel (non-collateral, $333.2MM loan in JPMCC 2018-PHH currently SS with Situs). Property is located on State Street in Chicago's Loop neighborhood in Cook County. The former T-1, Ampco System Parking exercised its one-time right to terminate on 7/2020 and vacated the premises. The new parking operator, SP Plus, is on an operating agreement and rental income is based on the net rental income generated by the operator. Crossed with or is a Companion Loan to: N/A. Deferred Maintenance/Repair Issues: The property is in good condition. Leasing Summary: New leasing agreement has been entered into with a local Chicago boutique leasing form. To date no new retail leases have been executed although tours of potential tenants have been conducted. Hilton has renewed their office lease through 9/30/27 with a termination right 9/30/26. An amendment to relocate Starbucks from their interior suite to a suite along Monroe has been fully execu ted. Marketing Summary: Asset is not currently on the market.

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver & ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On Aug 6, 2024, the Superior Court of the State of Ca lifornia entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Properties, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Collateral is a Class C, 12 building, 38 unit, 43K SF NRA, garden style multi-family property in Ontario, CA, approx. 35 miles east of L.A. Built in 1970 & 1972 on a two-parcel, non-contig uous 2.40-acre site. The Receiver has proposed to payoff the loans in full.

The loan is 60+days delinquent. Notice of Default has been sent to the Borrower. Have not received any response from the Borrower. Engaging counsel to initiate enforcement actions.

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the bu sinesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Properties, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Collateral is a 36 unit multi-family garden property in Ontario, CA with predominantly two-story apartment buildings built in 1971 on two, non-contiguous parcels totaling 1.67-acres. The Receiver is planning to payoff the loan in full.

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the bu sinesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Properties, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Subj is a 121 unit garden style multifamily property located in Panorama Hills, Ca., 17 miles NW of the Los Angeles CBD. Built in 1964, property consists of one two-story building situated on 1.216 acres. Unit mix consists solely of studio units. The Receiver has proposed to payoff the loan in full.

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Property is a 24-unit multifamily property in Palmdale, CA, built in 1988. Loan is crossed with Beverly Terrace Apartments. The Receiver

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Subj is a 2-story, 34 unit garden style multifamily property built in 1983. Unit mix consists of 1 and 2 bedroom units. The Receiver has

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Collateral is a Class B/C 19 unit, garden style apartment building built in 1990 in Los Angeles, CA. The Receiver has proposed to payoff

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Collateral is 2 garden-style multifamily properties in So. Glendale submarket of Los Angeles. Built in 1989, sponsor invested $15K of capex

The Loan transferred for Imminent Monetary Default at the Borrower's request as a result of the Covid-19 pandemic. The Loan is in monetary default. Lender is continuing with the foreclosure process. Borrower answered the complaint. New judge was appointed . Lender filed a recourse claim. Litigation continues. Transwestern was appointed as receiver and is managing the property. Lender amended the complaint to add the recourse component to the Illinois foreclosure. Case is still winding down the pleading st ages and is now entering the discovery phase. Lender is trying to re-engage Borrower for a settlement but no proposals have been offered.

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Subject is a 19 unit, single-building, three-story residential over one story of parking, built in 1989 and is situated on a 0.17-acre residentially zoned site in the Wilshire submarket of Los Angeles, CA. The Receiver has proposed to payoff the loan in full.

Loan transferred 10/23/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the bu sinesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Properties, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Subject is a 95 unit garden style multifamily property located in the community of Pacoima, Ca., 15 miles NW of the Los Angeles CBD. Built in 1989, the property consists of 4 two-story buildings situated on two non-contiguous parcels. The Receiver is plannning to payoff the loan in full

REO Title Date: 6/29/21: The collateral is the leasehold interest in a 165K SF big box retail Property located in the Fairlawn/Montrose submkt of Ohio, 20 mi S of the Cleveland CBD. Property was built in 1992 and is located on a 4.52-acre site. Subj is part of a larger 500K SF power center with tenants including Home Depot, Dick's Sporting Goods, and World Market As of 5/30/25, the property is 100% leased & 58% occupied. Crossed with or is companion: N.A Deferred Maintenance/Repair Issues: Parking lot needs sealing and restriping. Leasing: Signed a lease with Dick's to take the whole vacant 69K space; the space has been turned over to Dick's so they can begin their buildout. Marketing: Plan to

Loan transferred 10/23/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. The Property is a 13 unit, single-building, three-story apartment project built in 1991 and is situated on a 0.23-acre residentially zoned site. The loan is crossed with Iron Mountain Apartments. The Receiver has proposed to payoff the

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. The subject is two buildings with 16 two-story townhomes built on .24 acres in 1990, located in the South Central submarket of Los

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. The Collateral is a 31 unit multifamily building in Los Angeles, CA. The property was built in 1989. Crossed with South View (Avalon)