Asset detail
Sunset Crossing
4400 Sunset Crossing Way, Phoenix, AZ 85013|Fund PPFA | Retail (Lifestyle Center)|AM: Morgan Reyes — AM (mock)
Watch
Operating
GAV
$285.7M
Governed
Valuation (v1.3)as of 2026-03-31
Occupancy
94.0%
Governed
Rent Roll (v1.2)as of 2026-03-31
Leased / NRA
462,000 SF
of 491,000 SF
Governed
Rent Rollas of 2026-03-31
ABR
$21.1M
Governed
Rent Rollas of 2026-03-31
WALT
6.2 yrs
Definition caveat
Lease Expirationas of 2026-03-31
NOI TTM
$16.4M
Governed
Budget vs Actual (v2.1)as of 2026-03-31
NOI vs Budget
-4.0%
Governed
Budget vs Actualas of 2026-03-31
Business object context
Lifecycle statusOperating
FundPPFA
MarketPhoenix, United States
Property typeRetail
SubtypeLifestyle Center
Asset manager(s)Morgan Reyes — AM (mock)
DSCR / LTV1.71x | 50.0%
% ABR expiring 24mo14.0%
Watchlist reason
Roof replacement capex: 92% of contingency consumed at 64% complete; PM forecasting +$1.2M overrun; lender draw curve at risk.
AI variance summary
Composing summary from your commentary...
Generated by anthropic/claude-haiku-4-5 via Vercel AI Gateway. Numbers echo the variance bridge below; prose follows this session's commentary. Refuses if the bridge or commentary is missing.
Month vs Budget
Actual$1.3M
Plan$1.4M
Variance-$55.0K
YTD vs Plan
Actual$4.0M
Plan$4.2M
Variance-$170.0K
FY reforecast impact
FY impact-$680.0K
Fund NAV
-3 bps
FY drivers (top 3 by absolute $)
Holiday-season event delays from roof work
Roof remediation overlapping Q4 holiday programming; percentage-rent thresholds at risk.
Capex TI amortization pull-forward (HVAC + facade)
Capex contingency at 92% consumed; accelerated TI amort flowing through NOI.
Opex variance under construction phase
Site-security and extended cleaning hours through roof completion.
Rent roll table is a follow-on Carbon port. See docs/migration/SAGE_TO_AMOS_DEMO_IMPORT_PLAN.md.
Capex tracker is a follow-on Carbon port.
Action plan is a follow-on Carbon port. Lifts the localStorage-backed action store from lib/actions-store.ts.