Healthcare portfolio, 2 properties · Memphis, Tennessee
1244 Primacy Parkway
This portfolio is financed with a $7.1M CMBS loan at 4.15% that reaches maturity on August 6, 2030, in 3 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,052,090
- Original balance (same notes)
- $7,600,000
- Interest rate
- 4.15% fixed
- Originated
- July 7, 2020
- Maturity
- August 6, 2030
- Payments
- Interest only for 25 months, then amortizing
- Prepayment lockout ends
- June 5, 2030
- Master servicer
- Midland
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1244 Primacy Parkway, Memphis, TN 38119
- Metro
- Memphis, TN-MS-AR
- Value at securitization
- $15.9M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $847K | n/a |
Watch flags
Computed from the Benchmark 2020-B18 Mortgage Trust 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 1244 Primacy Parkway | Memphis, TN | HealthCare | n/a | n/a |
| 7580 Clarington Cove | Southaven, MS | HealthCare | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.1M | Current | No | n/a | n/a |
| August 2026 | $7.1M | Current | No | n/a | n/a |
| July 2026 | $7.1M | Current | No | n/a | n/a |
| June 2026 | $7.1M | Current | No | n/a | n/a |
| May 2026 | $7.1M | Current | No | n/a | n/a |
| April 2026 | $7.1M | Current | No | 1.21x | n/a |
| March 2026 | $7.1M | Current | No | 1.21x | n/a |
| February 2026 | $7.1M | Current | No | 1.26x | 100% |
| January 2026 | $7.1M | Current | No | 1.26x | 100% |
| December 2025 | $7.2M | Current | No | 1.53x | 100% |
| November 2025 | $7.2M | Current | No | 1.53x | 100% |
| October 2025 | $7.2M | Current | No | 1.53x | 100% |
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 |
|---|---|---|---|---|
| Benchmark 2020-B18 Mortgage Trust | 28 | $7,052,090 | Sep 2026 | SEC filing, October 1, 2026 |
Other Memphis loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| One Commerce Square | Memphis, TN | Office | $29.2M | 3.67% | Nov 2030 | 2.54x | 84% | Current |
| Wilson Crossing Townhomes | Memphis, TN | Multifamily | $12.1M | 6.60% | Oct 2030 | 1.69x | 92% | Current |
| Germantown Plaza | Germantown, TN | Retail | $11.6M | 3.70% | Mar 2030 | n/a | n/a | Current |
| Oak Ridge Apartments, Memphis | Memphis, TN | Multifamily | $10.0M | 6.308% | Sep 2030 | n/a | n/a | Current |
| Southern Meadows Mhc | Millington, TN | Manufactured housing | $5.1M | 6.324% | Dec 2030 | 1.57x | 98% | 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.