Office · Miami, Florida
12000 Biscayne Boulevard
12000 Biscayne Boulevard is financed with a $19.7M CMBS loan at 4.035% that reaches maturity on February 1, 2032, in 5 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $19,701,348
- Original balance (same notes)
- $21,500,000
- Interest rate
- 4.035% fixed
- Originated
- January 7, 2022
- Maturity
- February 1, 2032
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- October 31, 2031
- Master servicer
- Midland Loan Services
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 12000 Biscayne Boulevard, Miami, FL 33181
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Rentable area
- 157,682 sq ft
- Built
- 1982, renovated 2018
- Largest tenants
- Jewish Community Services of South Florida; Gang Alternative; M & Y Traders Global, LLC d/b/a
- Value at securitization
- $35.0M (Oct 2021)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.78x | 1.92x |
| Occupancy | 75% | 71% |
| Net operating income | $2.2M | $2.4M |
| Debt yield | 12.1% |
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 BBCMS Mortgage Trust 2022-C14 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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
- Occupancy has fallen from 75% when the loan was securitized to 71%.
- Net operating income is 8% above the underwritten figure ($2.4M a year against $2.2M).
- Debt service coverage moved from 1.78x at securitization to 1.92x on the latest statements.
- The filing gives Jan 2031 as the lease end date for the largest tenant (Jewish Community Services of South Florida), 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 | $19.7M | Current | No | 1.92x | 71% |
| August 2026 | $19.7M | Current | No | n/a | n/a |
| July 2026 | $19.8M | Current | No | n/a | n/a |
| June 2026 | $19.8M | Current | No | n/a | n/a |
| May 2026 | $19.8M | Current | No | n/a | n/a |
| April 2026 | $19.9M | Current | No | 2.06x | 72% |
| March 2026 | $19.9M | Current | No | 2.06x | 72% |
| February 2026 | $20.0M | Current | No | 1.86x | 74% |
| January 2026 | $20.0M | Current | No | 1.86x | 74% |
| December 2025 | $20.0M | Current | No | 1.86x | 74% |
| November 2025 | $20.1M | Current | No | 1.81x | 75% |
| October 2025 | $20.1M | Current | No | 1.81x | 75% |
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2022-C14 | 15 | $19,701,348 | Sep 2026 | SEC filing, September 29, 2026 |
Other Miami-Fort Lauderdale-West Palm Beach loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 360 Rosemary | West Palm Beach, FL | Office | $85.0M | 3.95% | Feb 2032 | 1.82x | 100% | Current |
| Marketplace at the Outlets | West Palm Beach, FL | Retail | $79.0M | 3.454% | Jan 2032 | 2.87x | 99% | Current |
| 4141 NE 2nd Avenue | Miami, FL | Mixed use | $43.5M | 5.41% | Aug 2032 | 2.24x | 93% | Current |
| 625 North Flagler Drive | West Palm Beach, FL | Office | $37.7M | 4.94% | May 2032 | 1.63x | 91% | Current |
| Aventura Self-Storage Miami FL | Miami, FL | Self storage | $23.0M | 5.41% | Aug 2032 | 1.38x | 95% | Current |
| BJ's Wholesale Club - Kendall | Miami, FL | Retail | $22.1M | 4.70% | Jan 2032 | 1.72x | 100% | Current |
| Hampton by Hilton Inn & Suites Wellington | Wellington, FL | Hotel | $20.9M | 6.945% | Dec 2032 | 2.94x | 70% | Current |
| Forum Office West Palm Beach | West Palm Beach, FL | Office | $20.5M | 3.98% | Feb 2032 | 3.76x | 93% | 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.