Mixed use · Philadelphia, Pennsylvania
2015 Walnut Street
2015 Walnut Street is financed with a $2.7M CMBS loan at 5.95% that reaches maturity on August 6, 2032, in 5 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $2,700,000
- Original balance (same notes)
- $2,700,000
- Interest rate
- 5.95% fixed
- Originated
- August 2, 2022
- Maturity
- August 6, 2032
- Payments
- Interest only for the full term
- Prepayment lockout ended
- August 5, 2024
- Prepayment premium ends
- May 5, 2032 (yield maintenance)
- Master servicer
- Midland
- Originator
- LMF Commercial, LLC
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred February 13, 2025
- Workout strategy
- Foreclosure
- Defeasance
- Partly defeased
The property
- Address
- 2015 Walnut Street, Philadelphia, PA 19103
- Metro
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Rentable area
- 1,650 sq ft
- Units, rooms or beds
- 8
- Built
- 1840, renovated 2021
- Largest tenants
- Revolution Taco
- Value at securitization
- $4.1M (Jun 2022)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.51x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $246K | n/a |
Watch flags
Computed from the BMO 2022-C3 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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 most recent valuation in the filing is $2.8M (April 20, 2026), against $4.1M at securitization.
- The filing gives Mar 2025 as the lease end date for the largest tenant (Revolution Taco), 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 | $2.7M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $2.7M | 90+ days delinquent | Yes | n/a | n/a |
| July 2026 | $2.7M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $2.7M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $2.7M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $2.7M | 90+ days delinquent | Yes | n/a | n/a |
| March 2026 | $2.7M | 90+ days delinquent | Yes | n/a | n/a |
| February 2026 | $2.7M | 90+ days delinquent | Yes | n/a | n/a |
| January 2026 | $2.7M | 90+ days delinquent | Yes | n/a | n/a |
| December 2025 | $2.7M | 90+ days delinquent | Yes | n/a | n/a |
| November 2025 | $2.7M | 90+ days delinquent | Yes | n/a | n/a |
| October 2025 | $2.7M | 90+ days delinquent | Yes | 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.
Special-servicing history
- Transferred to the special servicer February 13, 2025, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BMO 2022-C3 Mortgage Trust | 48 | $2,700,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Philadelphia-Camden-Wilmington loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 350 Anchor Mill Road | New Castle, DE | Industrial | $138.0M | 3.649% | Feb 2032 | n/a | n/a | Current |
| 4000 Principio Parkway | North East, MD | Industrial | $137.9M | 3.865% | Mar 2032 | n/a | n/a | Current |
| 500 Delaware Avenue | Wilmington, DE | Office | $65.0M | 4.84% | May 2032 | 1.94x | 94% | Current |
| Philadelphia Logistics Center | Philadelphia, PA | Industrial | $39.5M | 3.34% | Jan 2032 | 0.74x | 7% | Current |
| Center Pointe Plaza I | Newark, DE | Retail | $33.3M | 6.18% | Sep 2032 | n/a | n/a | Current |
| 980 Jolly Road | Blue Bell, PA | Office | $24.8M | 3.632% | Feb 2032 | 2.94x | 88% | Current |
| 45 Liberty Boulevard | Malvern, PA | Office | $24.5M | 3.57% | Jan 2032 | 3.29x | 100% | With the special servicer and 90+ days delinquent |
| 500 Delaware | Wilmington, DE | Office | $20.0M | 4.84% | May 2032 | 1.88x | 94% | 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.