Verstavo
Start free trial
Home › Buildings › NJ › 50 E STATE ST

50 E STATE ST

50 EAST STATE STREET · Trenton, NJ 08608
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.
Debt outstanding
$90M
Loan slices
2
Trusts
2
Type
Office
Square feet
305,885
Year built
1989
The debt, slice by slice
TrustBalanceRateMatures DSCRNOIOccupancy OriginatorServicerSpecial servicing
BMO 2024-5C3 Mortgage Trust · asset 5-001 $50M 7.35% fixed 2029-02-06 1.55 $2M 91% Citi Real Estate Funding Inc. Trimont No
BANK5 2024-5YR5 · asset 5-001 $40M 7.35% fixed 2029-02-06 1.55 $2M 91% Morgan Stanley Bank, N.A. Trimont No
Named tenants
TenantSquare feetLease expires
State of New Jersey246,1382038-10-31
TD Bank US Holding Company6,2182028-06-30
KICKS USA6,1612026-05-06
The asset-level exhibit names up to three tenants per slice; where the trusts name different ones, all of them are listed.
See the whole picture, not just the pulse.
Metro Pulse is the free, public read. The Verstavo platform goes loan‑by‑loan — stress scores, maturity walls, special‑servicing transfers, bank CRE, and your own portfolio benchmarked against the market.
Get started free → Sign in