Retail · Miami, Florida
151 NW 24th Street
151 NW 24th Street is financed with a $6.8M CMBS loan at 7.305% that reaches maturity on January 6, 2033, in 6 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,758,546
- Original balance (same notes)
- $7,000,000
- Interest rate
- 7.305% fixed
- Originated
- December 30, 2022
- Maturity
- January 6, 2033
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- October 5, 2032
- Master servicer
- Midland Loan Services
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 151 NW 24th Street, Miami, FL 33127
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Rentable area
- 6,665 sq ft
- Built
- 1948
- Largest tenants
- The Dirty Rabbit; 305 Pizza; Poke Life I LLC
- Value at securitization
- $13.1M (Nov 2022)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.67x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $964K | n/a |
Watch flags
Computed from the BMO 2023-C4 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 Aug 2031 as the lease end date for the largest tenant (The Dirty Rabbit), 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 | $6.8M | Current | No | n/a | n/a |
| August 2026 | $6.8M | Current | No | n/a | n/a |
| July 2026 | $6.8M | Current | No | n/a | n/a |
| June 2026 | $6.8M | Current | No | n/a | n/a |
| May 2026 | $6.8M | Current | No | n/a | n/a |
| April 2026 | $6.8M | Current | No | 1.65x | n/a |
| March 2026 | $6.8M | Current | No | 1.65x | n/a |
| February 2026 | $6.8M | Current | No | 1.65x | n/a |
| January 2026 | $6.8M | Current | No | 1.65x | n/a |
| December 2025 | $6.8M | Current | No | 1.65x | n/a |
| November 2025 | $6.8M | Current | No | n/a | n/a |
| October 2025 | $6.8M | Current | No | n/a | n/a |
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 2023-C4 Mortgage Trust | 37 | $6,758,546 | Sep 2026 | SEC filing, October 2, 2026 |
Other Miami-Fort Lauderdale-West Palm Beach loans due in 2033
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Soho Beach House Miami | Miami Beach, FL | Hotel | $140.0M | 6.99% | Jun 2033 | 2.91x | 81% | Current |
| Cross County Plaza | West Palm Beach, FL | Retail | $40.0M | 7.66% | Nov 2033 | 1.21x | 100% | Current |
| Boca Corporate Center, Boca Raton (2033 maturity) | Boca Raton, FL | Office | $18.1M | 6.76% | Jan 2033 | 1.83x | 90% | 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.