Retail · Katy, Texas
24025 Katy Freeway
24025 Katy Freeway is financed with a $6.3M CMBS loan at 5.10% that reaches maturity on March 1, 2029, in 2 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,300,000
- Original balance (same notes)
- $6,300,000
- Interest rate
- 5.10% fixed
- Originated
- February 27, 2019
- Maturity
- March 1, 2029
- Payments
- Interest only for the full term
- Master servicer
- KeyBank Real Estate Capital
- Originator
- CIBC Inc.
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 24025 Katy Freeway, Katy, TX 77494
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 39,557 sq ft
- Built
- 2017
- Largest tenants
- Interfaith; Tanglewood Consulting LLC; Roberts Carpet
- Value at securitization
- $12.7M (Dec 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 2.90x |
| Occupancy | 100% | 100% |
| Net operating income | n/a | $946K |
| Debt yield | 15.0% |
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 CF 2019-CF1 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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 Sep 2028 as the lease end date for the largest tenant (Interfaith), 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 | $6.3M | Not reported | No | 2.90x | 100% |
| August 2026 | $6.3M | Not reported | No | 2.90x | 100% |
| July 2026 | $6.3M | Not reported | No | 3.02x | 100% |
| June 2026 | $6.3M | Not reported | No | 3.02x | 100% |
| May 2026 | $6.3M | Not reported | No | 3.02x | 100% |
| April 2026 | $6.3M | Not reported | No | 3.02x | 100% |
| March 2026 | $6.3M | Not reported | No | 3.02x | 100% |
| February 2026 | $6.3M | Not reported | No | 2.95x | 100% |
| January 2026 | $6.3M | Not reported | No | 2.95x | 100% |
| December 2025 | $6.3M | Not reported | No | 3.15x | 100% |
| November 2025 | $6.3M | Not reported | No | 3.15x | 100% |
| October 2025 | $6.3M | Not reported | No | 3.15x | 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 |
|---|---|---|---|---|
| CF 2019-CF1 Mortgage Trust | 27 | $6,300,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Woodlands Mall | The Woodlands, TX | Retail | $247.6M | 4.256% | Aug 2029 | 4.02x | 84% | Current |
| Baybrook Mall | Friendswood, TX | Retail | $205.7M | 6.816% | Aug 2029 | 1.65x | 91% | Current |
| 9950 Woodloch | The Woodlands, TX | Office | $127.4M | 7.075% | Jul 2029 | n/a | n/a | Current |
| Cortland West Champions | Houston, TX | Multifamily | $78.4M | 5.893% | Oct 2029 | 1.64x | 91% | Current |
| Verde Apartments | Houston, TX | Multifamily | $78.0M | 6.79% | Dec 2029 | 1.13x | 81% | Current |
| Marqe Entertainment Center | Houston, TX | Retail | $70.0M | 7.27% | Apr 2029 | 1.61x | 99% | Current |
| Falls Houston Multifamily Portfolio | Houston, TX | Multifamily | $63.3M | 6.944% | Jul 2029 | 1.38x | 89% | With the special servicer and 90+ days delinquent |
| NOV Headquarters | Houston, TX | Office | $39.2M | 4.63% | Apr 2029 | 1.83x | 100% | Current |
All loans maturing in 2029 · All Houston-Pasadena-The Woodlands loans
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.