Industrial portfolio, 4 properties · Webster City, Iowa
1700 Second Street
This portfolio is financed with a $6.1M CMBS loan at 3.546% that reaches maturity on November 6, 2031, in 5 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is late, less than 30 days.
The loan
- Balance in tracked trusts
- $6,075,000
- Original balance (same notes)
- $2,630,000
- Interest rate
- 3.546% fixed
- Originated
- October 22, 2021
- Maturity
- November 6, 2031
- Payments
- Interest only for the full term
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Barclays
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1700 Second Street, Webster City, IA 50595
- Value at securitization
- $10.9M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | n/a | $1.3M |
| Debt yield | 21.7% |
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 2021-C12 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 1700 Second Street | Webster City, IA | Industrial | 100% | 3.87x |
| 652 North 52nd Avenue | Phoenix, AZ | Industrial | 100% | n/a |
| 1835 South Black Canyon Highway | Phoenix, AZ | Industrial | 100% | 2.89x |
| 4120 North 38th Drive | Phoenix, AZ | Industrial | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.1M | Late payment but less than 30 days delinquent | No | 3.87x | 100% |
| August 2026 | $6.1M | Late payment but less than 30 days delinquent | No | 3.87x | 100% |
| July 2026 | $6.1M | Late payment but less than 30 days delinquent | No | 3.85x | 100% |
| June 2026 | $6.1M | Late payment but less than 30 days delinquent | No | 3.85x | 100% |
| May 2026 | $6.1M | Late payment but less than 30 days delinquent | No | 3.85x | 100% |
| April 2026 | $6.1M | Not reported | No | 3.85x | 100% |
| March 2026 | $6.1M | Not reported | No | n/a | 100% |
| February 2026 | $6.1M | Not reported | No | 3.85x | 100% |
| January 2026 | $6.1M | Not reported | No | 3.85x | 100% |
| December 2025 | $6.1M | Not reported | No | n/a | n/a |
| November 2025 | $6.1M | Not reported | No | 3.81x | 100% |
| October 2025 | $6.1M | Not reported | No | 3.81x | 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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2021-C12 | 50 | $6,075,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Iowa loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Coral Ridge Mall | Coralville, IA | Retail | $61.6M | 6.821% | Feb 2031 | n/a | n/a | Current |
| Village at Jordan Creek Shopping Center | West Des Moines, IA | Retail | $36.2M | 3.677% | Oct 2031 | 2.78x | 93% | Current |
| Redwood Waukee | Waukee, IA | Multifamily | $11.9M | 3.39% | Aug 2031 | 2.15x | 96% | Current |
| Material Control Systems Distribution Center | Waterloo, IA | Industrial | $11.7M | 3.53% | Oct 2031 | 2.81x | 100% | Current |
| North Ridge Center | Davenport, IA | Retail | $9.0M | 3.266% | May 2031 | 5.03x | 100% | Current |
| Hy-Vee Fairfield | Fairfield, IA | Retail | $7.2M | 7.04% | Aug 2031 | n/a | n/a | Current |
| Walgreens-Coralville | Coralville, IA | Retail | $4.3M | 4.098% | Mar 2031 | 2.07x | 100% | 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.