Debt outstanding
$55M
200 SCHULTZ DRIVE AND 331 NEWMAN SPRINGS RD
200 Schultz Drive and 331 Newman Springs Road · Red Bank, NJ 07701
Every loan the CMBS tape reports against this building, as each trust filed it. A
building is the grain here, not the loan: this one is collateral in
2 separate trusts,
and the slices below are the pieces of its debt, not four different buildings.
Loan slices
2
Trusts
2
Type
Office
Square feet
553,039
Year built
1984 · renovated 2021
Where the filings differ
Each trust describes the building in its own filing, and these are the fields on
which they do not match. Both spellings are printed with the trust that filed each. Often both
are true — a building sits in one municipality and takes its mail in another — and
where one is simply a misspelling, we do not have a basis to say which.
Square feet
553,039 — BMO 2023-5C2 Mortgage Trust
102,992 — BBCMS Mortgage Trust 2023-5C23
The debt, slice by slice
| Trust | Balance | Rate | Matures | DSCR | NOI | Occupancy | Originator | Servicer | Special servicing |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2023-5C2 Mortgage Trust · asset 9 | $30M | 7.99% | 2028-10-06 | 2.09 | $9M | 73% | UBS AG | KeyBank Real Estate Capital | No |
| BBCMS Mortgage Trust 2023-5C23 · asset 10 | $25M | 7.99% fixed | 2028-10-06 | — | — | — | UBS AG | — | No |
Named tenants
| Tenant | Square feet | Lease expires |
|---|---|---|
| LTF Lease Company LLC | 40,296 | 2039-05-31 |
| Peraton Labs Inc. | 27,635 | 2029-01-31 |
| Withum Smith & Brown | 25,306 | 2026-09-30 |
| JOT Management, LLC | 25,000 | 2034-05-31 |
| Phoenix Aromas & Essential Oils LLC | 13,131 | 2032-05-31 |
| FXI, Inc. | 12,500 | 2028-07-31 |
The asset-level exhibit names up to three tenants per
slice; where the trusts name different ones, all of them are listed.
- Built from SEC Regulation AB II asset-level filings (Form ABS-EE, Item 1(a) exhibits) as filed by each trust’s depositor. Latest filing on this building: 2026-09-01.
- Rebuilt nightly. A slice that left its pool is excluded by the tape’s own latest-filing cut, so this page shows live debt only.
- Figures are as each trust filed them and are not restated, reconciled or scored here.
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