Retail · Coppell, Texas
110 & 140 W Sandy Lake Rd
110 & 140 W Sandy Lake Rd is financed with a $16.5M CMBS loan at 6.64% that reaches maturity on May 1, 2028, in 18 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $16,450,642
- Original balance (same notes)
- $16,500,000
- Interest rate
- 6.64% fixed
- Originated
- April 28, 2023
- Maturity
- May 1, 2028
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- January 31, 2028
- Master servicer
- Trimont LLC
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 110 & 140 West Sandy Lake Road, Coppell, TX 75019
- Metro
- Dallas-Fort Worth-Arlington, TX
- Rentable area
- 95,601 sq ft
- Built
- 1987, renovated 2018
- Largest tenants
- Diversified SWD LLC dba Urban Air Adventure Park; Sprouts Farmers Market; BB Fit LP dba Mattison Avenue
- Value at securitization
- $27.1M (Mar 2023)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.47x | 1.44x |
| Occupancy | 97% | 97% |
| Net operating income (annualized from 6 months) | $1.9M | $1.6M |
| Debt yield | 10.0% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BANK5 2023-5YR2 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 12% below the underwritten figure ($1.6M a year against $1.9M; the latest statement covers 6 months, annualized).
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $16.5M | Current | No | 1.44x | 97% |
| August 2026 | $16.5M | Current | No | 1.44x | 97% |
| July 2026 | $16.5M | Current | No | 1.12x | 97% |
| June 2026 | $16.5M | Current | No | 1.12x | 97% |
| May 2026 | $16.5M | Current | No | 1.12x | 97% |
| April 2026 | $16.5M | Current | No | 1.24x | 97% |
| March 2026 | $16.5M | Current | No | 1.78x | 97% |
| February 2026 | $16.5M | Current | No | 1.78x | 97% |
| January 2026 | $16.5M | Current | No | 1.78x | 97% |
| December 2025 | $16.5M | Current | No | 1.78x | 97% |
| November 2025 | $16.5M | Current | No | 1.13x | 97% |
| October 2025 | $16.5M | Current | No | 1.13x | 97% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK5 2023-5YR2 | 16 | $16,450,642 | Sep 2026 | SEC filing, October 1, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Renaissance Dallas Addison Hotel | Addison, TX | Hotel | $72.0M | 7.825% | Oct 2028 | 2.61x | 53% | Current |
| 5150 Pulaski Street | Dallas, TX | Industrial | $53.0M | 5.08% | Nov 2028 | n/a | n/a | Current |
| Avr Embassy Suites Fort Worth | Fort Worth, TX | Hotel | $33.9M | 5.578% | Dec 2028 | 1.42x | 73% | Current |
| Courtyard Dallas Downtown Reunion District | Dallas, TX | Hotel | $24.5M | 7.608% | Sep 2028 | 1.45x | 67% | Current |
| Cedar Ridge Office Park | Southlake, TX | Office | $20.3M | 5.41% | Jul 2028 | 1.02x | 85% | Current |
| Copeland Tower And Stadium Place | Arlington, TX | Office | $19.3M | 4.97% | Jul 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Courtyard Dallas Carrollton & Conference Center | Carrollton, TX | Hotel | $17.0M | 5.22% | Nov 2028 | 1.93x | 77% | Current |
| 250 Lancaster | Fort Worth, TX | Mixed use | $17.0M | 5.269% | Sep 2028 | 1.46x | 92% | Current |
All loans maturing in 2028 · All Dallas-Fort Worth-Arlington loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.