Loan-level data from SEC filings · 377 trusts · Oct 2026 reports
CMBS loans in public SEC filings, by the building they're on
Look up a property and see what its servicer told the SEC last month. Balance, rate, maturity, coverage, occupancy, and whether the loan has gone to special servicing.
Type at least two letters. Every loan in the data has its own page.
Free to read, with free alerts on up to 3 loans. With Pro: who is behind each loan, how to reach them, and every month back to 2016.
$284.0B outstanding across 12,150 loans
6.19% with special servicers, on the distress index
4.18% 30+ days delinquent or past maturity unpaid
$37.9B matures in 2026 and 2027
Public trusts that file with the SEC only. Single-asset (SASB) and other private deals do not file, so the rates here leave them out, and published rates that include them can read much higher. What each number counts.
The maturity wall
A CMBS loan is a balloon loan: the whole balance comes due on one date, and the owner has to refinance or sell to pay it. In the trusts tracked here, 69.2% of the balance sits in ten-year loans and 69.0% pays interest only for the full term. Loans originated from 2016 through 2021 carry a weighted average starting rate of 4.07%; loans originated since January 2025 carry 6.32%. On the same balance, 6.32% is 55% more interest than 4.07%. This is how much comes due each year, and how much of it is already in trouble.
| Maturity | Loans | Balance | Special servicing | Delinquent |
|---|---|---|---|---|
| Past due | 37 | $1.8B | $1.8B | $1.3B |
| 2026 | 224 | $5.4B | $2.2B | $1.2B |
| 2027 | 1,416 | $32.5B | $4.0B | $1.9B |
| 2028 | 1,713 | $41.3B | $4.2B | $2.4B |
| 2029 | 2,683 | $66.8B | $2.8B | $2.5B |
| 2030 | 1,735 | $42.8B | $870.3M | $725.0M |
| 2031 | 2,042 | $42.3B | $970.1M | $890.7M |
| Later | 2,269 | $50.3B | $1.3B | $1.1B |
The maturity wall by property type · The month-by-month maturity calendar · This month's watch list (1,045 loans) · What changed in the latest filings (865)
By property type
| Type | Loans | Balance | Special servicing | Delinquent |
|---|---|---|---|---|
| Office | 1,799 | $77.6B | ||
| Retail | 2,755 | $60.8B | ||
| Multifamily | 2,036 | $38.8B | ||
| Hotel | 1,264 | $29.9B | ||
| Mixed use | 821 | $27.3B | ||
| Industrial | 806 | $19.8B | ||
| Self storage | 1,145 | $13.7B | ||
| Other | 1,092 | $11.3B | ||
| Manufactured housing | 396 | $4.0B |
From the Oct 2026 reports; the four figures at the top of the page update each night as new filings arrive, so they can run a few loans ahead. Shares are by balance across the loans on this site. Fully defeased loans are left out because Treasury securities, not the property, now back them, so these shares run a little above the distress index.
Largest troubled loans due by the end of 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Parkmerced | San Francisco, CA | Multifamily | $260.0M | 2.725% | Dec 2024 | 0.84x | 80% | Past maturity and not performing |
| Lafayette Centre | Washington, DC | Office | $243.0M | 4.246% | Mar 2027 | 1.92x | 73% | With the special servicer |
| 85 Broad Street | New York, NY | Office | $241.0M | 3.413% | Jun 2027 | 2.28x | 62% | With the special servicer |
| Worldwide Plaza | New York, NY | Office | $235.0M | 3.605% | Nov 2027 | 1.49x | 62% | With the special servicer and 90+ days delinquent |
| Fresno Fashion Fair Mall | Fresno, CA | Retail | $225.0M | 3.587% | Nov 2026 | 2.16x | 94% | With the special servicer |
| Key Center Cleveland | Cleveland, OH | Mixed use | $182.0M | 5.31% | Feb 2027 | 1.84x | 89% | With the special servicer |
| Starwood Capital Group Hotel Portfolio | 65 properties | Hotel | $176.3M | 4.486% | Jun 2027 | 1.36x | 65% | With the special servicer |
| First Stamford Place | Stamford, CT | Office | $164.0M | 4.088% | Jul 2027 | 1.96x | 80% | With the special servicer |
| Park Square | Boston, MA | Office | $160.0M | 4.146% | Nov 2027 | 0.57x | 40% | With the special servicer and 90+ days delinquent |
| U.S. Steel Tower | Pittsburgh, PA | Office | $160.0M | 3.683% | Jun 2026 | 2.51x | 73% | Past maturity and not performing |
Largest metros
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Where does this data come from?
From the ABS-EE filings that public CMBS trusts make with the SEC every month. Each filing carries an asset-data file (Schedule AL under Regulation AB II) with one record per loan and per property. We read the latest filing from every public CMBS trust that reported in the past six weeks; the methodology page gives the exact dates.
How current is it?
Each loan page shows the reporting period its figures cover and links to the filing. Trusts report monthly, so the numbers trail the real world by about a month. Financial figures such as NOI and occupancy come from the borrower's latest statements, which can be a year old.
Why can't I find my loan?
Only loans in publicly registered CMBS trusts appear. Single-borrower deals sold privately under Rule 144A, bank balance-sheet loans, agency loans and CRE CLOs do not file this data with the SEC. A loan that paid off this month also drops out.
Does this site show the servicer watchlist?
No. The servicer watchlist is part of the CREFC reports trustees post for investors, and it is not filed with the SEC. What the filings do show is the special servicer transfer date, the payment status, the workout strategy and, in each trust's monthly 10-D report, the special servicer's own comments; those are on the loan pages. cmbs.news also runs its own rule-based screen on those fields (the watch flags); the methodology page defines each one.
Can I use this data in my own tools or an AI assistant?
Yes. There is a JSON API and a remote MCP server that Claude, ChatGPT and other agents can connect to. With no key they answer 25 calls a day, 10 rows a call. Pro adds more calls, every field and a CSV of any list. The developers page has the endpoints, the limits and the terms.
Who runs cmbs.news?
Janover Capital LLC publishes it. It is not a lender, a servicer or a party to any trust shown here. Every page is free to read, and the API and MCP server have a free allowance; alerts on up to 3 loans are free; a Pro plan adds alerts on any number of loans and on saved filters, full history back to late 2016, and guarantors and contacts from the filings.
See who is behind the loans you follow
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