Office · Houston, Texas
1120 Nasa Parkway
1120 Nasa Parkway is financed with a $5.4M CMBS loan at 6.75% that reaches maturity on June 1, 2034, in 7 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,375,507
- Original balance (same notes)
- $5,500,000
- Interest rate
- 6.75% fixed
- Originated
- May 6, 2024
- Maturity
- June 1, 2034
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- March 31, 2034
- Master servicer
- KeyBank National Association
- Originator
- KeyBank National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1120 East NASA Parkway, Houston, TX 77058
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 79,629 sq ft
- Built
- 1976, renovated 2002
- Largest tenants
- Odyssey Space Research; Traditions Health of Houston/ Galveston, LLC; CitareTx Management, LLC
- Value at securitization
- $9.2M (Mar 2024)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.80x | n/a |
| Occupancy | 83% | n/a |
| Net operating income | $742K | n/a |
Watch flags
Computed from the BMO 2024-C9 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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
- The filing gives Mar 2031 as the lease end date for the largest tenant (Odyssey Space Research), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.4M | Current | No | n/a | n/a |
| August 2026 | $5.4M | Current | No | n/a | n/a |
| July 2026 | $5.4M | Current | No | n/a | n/a |
| June 2026 | $5.4M | Current | No | n/a | n/a |
| May 2026 | $5.4M | Current | No | n/a | n/a |
| April 2026 | $5.4M | Current | No | 1.69x | n/a |
| March 2026 | $5.4M | Current | No | 1.69x | n/a |
| February 2026 | $5.4M | Current | No | 1.67x | 86% |
| January 2026 | $5.4M | Current | No | 1.67x | 86% |
| December 2025 | $5.4M | Current | No | 1.65x | 82% |
| November 2025 | $5.4M | Current | No | 1.65x | 82% |
| October 2025 | $5.4M | Current | No | 1.65x | 82% |
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 |
|---|---|---|---|---|
| BMO 2024-C9 Mortgage Trust | 21 | $5,375,507 | Sep 2026 | SEC filing, October 2, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2034
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Diamond Ridge Apartments | Houston, TX | Multifamily | $31.0M | 7.235% | Aug 2034 | 1.42x | 92% | Current |
| The Presidio Apartments | Houston, TX | Multifamily | $23.5M | 7.08% | Sep 2034 | 1.21x | 78% | Current |
| Quail Meadows Apartments | Houston, TX | Multifamily | $20.8M | 7.00% | Sep 2034 | 1.43x | 82% | Current |
| Emerald Pointe Apartments, Pasadena | Pasadena, TX | Multifamily | $16.2M | 7.576% | Feb 2034 | 1.48x | 93% | Current |
| Pebble Walk Apartments | Houston, TX | Multifamily | $12.5M | 6.93% | Sep 2034 | n/a | n/a | Current |
| Texas Parkway Shopping Center | Missouri City, TX | Retail | $7.6M | 7.68% | Mar 2034 | 0.62x | 82% | With the special servicer and 90+ days delinquent |
| 1110 Nasa Parkway | Houston, TX | Office | $7.5M | 6.70% | Jun 2034 | n/a | n/a | Current |
| Summerfield Apartments, Houston | Houston, TX | Multifamily | $6.2M | 7.05% | Jul 2034 | 1.46x | 95% | Current |
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.